Bank Affiliated Broker-Dealers

bankOyster has extensive experience working in all areas of a multi-channel Bank/Wealth Management broker-dealer model. There are unique attributes and challenges within a multi-channel distribution model that incorporates Bank Branches, Contact Centers, Online/Mobile and Wealth Management. Oyster has the knowledge and skills to work with your firm in key areas including:

  • Strategic alignment
  • Implementation
  • Sales and partnership structure
  • Platform selection and implementation
  • Referral and compensation
  • Controls and supervision
  • Policy and Procedures
  • Support and Middle Office design
  • Product implementation
  • Online/Mobile services
  • Contact Centers
  • Bank branches and hubs
  • Expense sharing agreements
  • Reporting, Continuing Education and Training

The Oyster Difference

Oyster’s experts have years of industry experience that will thoughtfully add value to your firm. The distinctive features of a Bank/Wealth broker-dealer partnership model can create added complexity in an already complex industry. Oyster will quickly assess and provide your firm with recommendations to achieve your objectives and industry best practices.