BROKER DEALER RECRUITING SPECIAL SECTION
David Fischer
Managing Director & CMO
Independent Financial Group
Independent Financial Group: The BD Industry’s Best Kept Secret
Independent Financial Group, LLC (IFG) had an astounding recruiting year in 2018; reporting a $23 million gain in new GDC for the year with $3.5 billion in new assets and 70 new advisors. The firm’s average production per advisor is now $328,000, up over $100,000 from 2017. Poised to top their previous year’s success, Managing Director—David Fischer, explains how their culture and approach to business has landed them at the top of the rankings in such a short amount of time.
In 2003, we recognized the opportunity presented by the general disenchantment that advisors had with the rapidly consolidating independent broker-dealer space and wanted to create an environment that was free from bureaucracy and corporate bias—that was the inception of Independent Financial Group. Combined, my partners and I have nearly 90 years of experience and know our areas well—Scott—the entrepreneur and finance leader, Joe—the wise compliance and product expert and I’ve recruited thousands of successful advisors throughout my career.
We believe that most broker-dealers have lost the one thing that is the key to our success—keeping in mind that the end game is the rep and not the bottom line. We’re not only succeeding financially, but we’re making a positive impact on the individuals we work so hard to support. By providing an exceptional customer service model through our knowledgeable home office team, we’re able to maintain a total focus on our advisors and on how we can enable them to succeed. We maintain a very personalized and common-sense approach to service; carefully attuned to the needs of our advisors based on their individual practices as well as their personal goals. Nothing is more satisfying than knowing our advisors are happy here. We’ve built a strong reputation based on relationships, one advisor at a time and this is a refreshing model compared to the total loss of independence we’re currently seeing in the industry. We do this well and deliver on our service promise, consistently.
We also keep an open line of communication with our advisors and foster an environment free from quotas, bias, proprietary products and corporate influence. It’s a simple model based on shared values that everyone believes in.
If you’re interested in learning more about IFG, call me directly at (800) 269-1903. We also answer inquiries at [email protected].
IFG is led by Managing Directors—Scott Heising, David Fischer and Joe Miller. The firm currently supports nearly 640 advisors across the country with over 375 offices, including Puerto Rico, and over 85 home office employees. IFG has been named locally by the San Diego Business Journal as one of San Diego’s Fastest-Growing Private Companies for the past several years. Their notable success has been recognized in numerous financial services industry publications. Independent Financial Group has also gained Inc. Magazine’s Honor Roll status for multiple consecutive mentions on their annual Inc. 500|5000 list.
To learn more about IFG , visit www.ifgsd.com.