630-796-6161

Offices conveniently located in Lombard and Naperville, Illinois.

What is an independent broker-dealer?

You may be familiar with broker-dealers that are subsidiaries of conglomerates such as commercial banks, investment banks, and investment companies. An independent broker-dealer is different from such firms because they generally do not underwrite securities, they do not create research, and they do not engage in investment banking.

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