RSS FEEDProfessional Opportunities
The resources and security of a large firm …
… the freedom and increased income of independence.
At First Kentucky we believe the Financial Advisor is key to each client's success. And that First Kentucky's success is dependant on the success of the client. So, we stand behind you with the resources, tools and support you need to make us all successful.
How do I have “More Freedom” as a First Kentucky Securities broker?
With your experience, do you really need a manager watching over you? Do you really need managers changing everything on a whim. No more control battles or time wasted managing your manager. We value independent thinkers who just want to run their business, within the rules, and get paid well for doing so. If you have a great idea that’s within NASD guidelines, let’s get it done. Maybe that’s running your own investment seminars or adding appropriate consulting revenue to your income. And, with FKSC behind you, can actually get away from the office to work on those ideas once in a while!
Does “Full Services” really mean full services?
Absolutely. Our advisors get all of the systems and sales support of being with a major full-service, retail brokerage firm, with the flexibility of an independent, to use them as you see fit to best serve your clients. We clear our trades through RBC Dain Rauscher, a division of RBC Capital Markets, one of the nation's largest full-service securities firms. And, unlike being completely independent, at FKSC you still get the personal benefits of firm membership, such as a professional office setting, healthcare, a 401K and firm-paid FICA contributions.
Just how much higher are "Much Higher Net Revenues"?
How about 50% higher? At a traditional firm, you might receive 40-50% of what you produce, while the other 50-60% pays for fancy overhead and corporate staffs hundreds of miles away. At FKSC, you keep 80% of what you bring in. While you pay for your own local expenses (e.g., rent, shared secretarial support, etc., which can be as elaborate or as little as you want) you still net 60-65%. That’s a 50% pay increase for the same amount of revenue! On the other hand, as an independent you are on your own and those local expenses can really ad up. At FKSC you share those expenses with other advisors, so you can keep more of what you earn today.
What’s a future at First Kentucky Securities mean?
A future at FKSC means real ownership.Our advisors are granted shares, versus having to buy them. Over time, your income will include dividends, while you also build value for your future. And, you’re doing so while enjoying The Best of Both: Much higher net revenues today, the full-services of a large firm, less hassle and exposure than being independent, and the freedom you crave.
What do you mean by "Less Hassle and Exposure?"
As an independent, you have to manage your own office space and overhead, deal with all of the regulatory and government hassles of self-employment, and tolerate the associated legal exposure. At FKSC, we handle your office management and overhead. And, each of our offices has a local compliance officer providing oversight in accordance with NASD guidelines. This means you can spend more time running your business and sleep soundly at night, too.
For More Information Please Contact:
Bruce E. McCrea
502-893-2752
