Many Brokers Are Leaving Large Firms

ROCKVILLE, MD, Jul 13 (MARKET WIRE) --
MarketResearch.com has announced the addition of TowerGroup's new report
"The Who, Why, Where, When, and How of Breakaway Brokers," to their
collection of Banking & Financial Services market reports. For more
information, visit
http://www.marketresearch.com/redirect.asp?progid=67618&productid=2270607

Brokers are breaking away from large broker-dealers for four primary
reasons: desire to gain greater control of their business, need for
enhanced wealth potential, damage to the large firm business model, and
restructuring of the brokerage business.

Through the end of 2010, TowerGroup expects 7,500 to 9,000 advisors to be
the addressable market in the primary breakaway space, representing $500
to $800 billion (USD) in client assets.

Brokers are moving to independent broker-dealers (IBDs) and registered
investment advisor (RIA) custodians, and both types of firms are poised to
grow in the future. Integrated advisory desktops are essential in
attracting advisors to both IBDs and RIA custodians, which continue to
invest in these systems.

Key elements of an integrated advisory desktop include customer
relationship management (CRM), financial planning, trading, and reporting.

Topics covered in the report include...
Report Coverage
Who Is a Breakaway Broker?
Why Are Advisors Going Independent?
Summary

For more information visit
http://www.marketresearch.com/redirect.asp?progid=67618&productid=2270607

Contact:
Gregg Kellett
MarketResearch.com
gkellett@marketresearch.com
240.747.3008

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