Is Your IBD Listening to You?

In the day-to-day life of a broker-dealer, the happiness and satisfaction of its representatives should be among its primary concerns. We consider listening to our reps one of the most important aspects of our rep relationship. We strive every day to make sure that our advisors feel heard and appreciated. We believe our approach led our reps to rank us high in the Wealth Management 2016 IBD Report Card (; March 8, 2016 Issue; The Top Broker-Rated IBDs 2016). We are so proud and very pleased to report that the 2016 IBD Report Card shows that responses from Sigma representatives placed our firm 5th overall and 4th among smaller IBDs across the industry. surveyed representatives from 80 Independent Broker-Dealers (IBDs), asking them to rank their IBDs in the key areas of compensation/benefits, compliance, management, operational support and service, practice support/professional development, product offerings, and technology. In all these categories, Sigma Financial scored at least 9.4 out of 10, averaging 9.6, and even tied for first in the operational support and service category with a rating of 9.8.

In an industry where financial advisors have their pick of the litter when it comes to finding the right IBD, Sigma Financial is proud to be such a high-ranking broker-dealer as judged by so many of our representatives. We’ve always believed that reps should not have to sacrifice what is most important to them in a broker-dealer just because they are familiar with that firm. Our suggestion to anyone who is unhappy at their current IBD is to look around and explore your options. Surveys like the IBD Report Card can help you understand how others feel about their broker- dealers, which may help you make a decision about yourself.

Have you thought about this? We have….

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