Solutions for Broker-Dealers and Registered Investment Advisor Firms
Regal provides sub-clearing services for broker-dealers and registered investment advisor firms. This includes a range of resources and tools for conducting full service brokerage or online trading capabilities for clients. Regal’s experience and leverage allow correspondent firms to capitalize in changing and competitive markets with tailored solutions, technology, infrastructure, low deposits, and a flexible pricing structure.
In many cases, firms are required to maintain a high monthly level of commissions, incur large fees, or are required to have a significant amount of assets under management. At Regal, our correspondents benefit from our flexibility, thereby eliminating excessive fixed costs.
Our solutions are both scalable in terms of volume growth and future technological enhancements and are suitable for either small or large office situations. Our staff, resources and advanced trading platforms not only enhance your competitive advantage, but also expand the products and services offered to your clients.
- Low clearing deposits for broker-dealers
- Low minimum monthly clearing charges
- No hidden charges
- Minimal set-up costs
- Individualized and scalable solutions for both volume growth and technology
- Tools for conducting full service or online brokerage services
Clearing Deposits and Net Capital Requirements
For broker-dealers, Regal permits low minimum deposits that may be applied to your firm’s net capital requirement, lowering initial start-up and maintenance costs associated with your specific securities activities. Regal has structured secondary clearing agreements that conform to the SEC Net Capital Rule 15c3-1 regulation, relating to the corporate treatment of assets in the proprietary accounts of broker-dealers and to permit the use of those assets in net capital computation.