Recently, Joel had the pleasure of being a guest on Reconn Radio, a podcast hosted by Arp Trivedi of Reconn Consulting. Arp and Joel discussed the issue of community financial institutions partnering with broker-dealers to create an investment services division or unit to better serve customers of a small bank or a credit union. Joel and Arp discussed some practical considerations for FIs looking to enter this space, speaking about both legal and business considerations. It was a good discussion into real issues facing FIs as they look for ways to expand their business and grow revenues.
Learn more about Arp and Reconn Consulting at their website here.