Interactive Brokers Sees More Registered Reps Becoming Independent Advisors | Business Wire

GREENWICH, Conn.–(BUSINESS WIRE)–As portfolio values decline across the industry, many large brokers have

decided that servicing smaller balance client accounts is no longer

profitable, putting Registered Representatives with strong customer

relationships in a difficult position. Many of these Registered

Representatives are making the decision to go independent and become

Registered Investment Advisors. Interactive Brokers has witnessed an

acceleration of the trend to independence in 2009.

Over the years, Interactive Brokers has built a fully automated and

efficient trade execution and clearing system that allows advisors to

service accounts of all sizes at the lowest possible cost. In addition,

IB offers direct market access from within a single screen offering

stocks, options, futures, forex, bonds and funds on more than 80

electronic global exchanges across 18 countries. With its ultra-low

commissions and market-maker style execution and trade management tools,

the IB Trader WorkstationSM provides a convenient tool for

the registered investment advisor to manage a growing book of business

with multiple accounts. In addition, IB’s recent S&P ratings upgrade

combined with $4.4 billion in shareholder equity gives a strong

indication of the safety of this technology-focused broker-dealer.

IB offers advisors a multitude of automated flexible billing methods as

well as special reports tailored for an advisor client’s needs.

Recognizing that RIAs are responsible for all aspects of trading and

investing client positions, IB provides a client allocation tool that

automatically splits trades based on a number of pre-defined

methodologies as well as a portfolio re-balance tool that lets an

advisor rebalance positions across all or some of their customers at the

click of a button. With over 40 order types. Advanced proprietary

trading algorithms such as Accumulate-Distribute, OptionPortolio.

ScaleTrader, IB offers the tools required for just about any trading

style. In addition, IB offers advisors the ability to white brand its

technology platform.

In providing a low-cost automated advisor platform, IB has removed many

of the hurdles registered reps encounter when making the move from a

brokerage firm to becoming independent. The company helps new advisors

aboard with its focus on education about its services, from becoming a

registered investment advisor to understanding how to allocate trades

and re-balance portfolios.

About Interactive Brokers

Interactive Brokers Group, Inc. (IBG), together with its subsidiaries,

is an automated global electronic market maker and broker specializing

in routing orders and executing and processing trades. The company

provides professional traders and investors with direct market access to

stocks, options, futures, forex, bonds and funds from a single IB

Universal AccountSM on over 80 market centers worldwide.

Employing proprietary software on electronic exchanges worldwide,

Interactive Brokers is continuously integrating its software with a

growing number of exchanges and trading venues into one automatically

functioning, computerized platform that requires minimal human

intervention.