Date: June 2018
BD Update: IFP has created two separate entities in lieu of the broker-dealer launch. The first, IFP Securities, LLC, will be the broker-dealer legal entity. The IFP Group, LLC will be the holding group that will own the broker-dealer, RIA, Insurance Group, Technology, Institutional, and Plan Advisor companies. Financial advisors will own shares in the holding company.
Benefit to Advisors: These entities will ensure advisors have a clear understanding of the IFP structure and how their ownership will be distributed.
Questions: For more information about this milestone, contact [email protected].