fast facts

FOUNDED
1979 by Robert B. Ausdal in Davenport, Iowa

REGISTRATION
Ausdal Financial Partners is registered in 50 States

LOCATIONS
Our home office is in Davenport, Iowa. We also have offices in Suburban Chicagoland. Ausdal Financial Partners serves registered representatives Nationwide.

OWNERSHIP
At present Ausdal is owned by a number of individuals with the Ausdal family owning the largest share and no one possessing more than 25% of the firms stock. Our goal is insure that Ausdal remains a viable, profitable independent firm for many years to come.

REGISTERED REPRESENTATIVES
At present, Ausdal serves over 200 registered representatives. We have plans to grow significantly in the coming years but will remain a comparatively small, "boutique" firm.

CLEARING
Ausdal clears our trades through Pershing LLC, an affiliate of the Bank of New York Mellon.

INVESTMENT ADVISORS
Ausdal embraces the hybrid advisor. We offer an in house registered investment advisory that supports fee planning, third party managers and rep driven models. We also welcome financial professionals with their own RIAs.

INSURANCE
Ausdal’s insurance division supports all manner of fixed products and insurance with several strong insurance general agency relationships and a cache of industry leading products. While many of our associates have found this quite valuable, we do not mandate that you use it.

PRIVATE PLACEMENTS
Ausdal is unique in that we don’t just allow private placements, we have a highly qualified private equity department that actively identifies and develops private offerings. Ausdal will also act as a placement agent when the right opportunity presents itself.

FEES AND EXPENSES
The registered representative is responsible for: B/D Fee: $400/year, State licensing and registration as needed, and Ausdal Errors and Omissions insurance (approx $1800/year).

PAYOUTS
Ausdal payouts are highly competitive. There are no retro-active payouts based on production or rolling averages. We try to avoid rigid adherence to a single grid instead we try to determine a payout based on your specific practice.  As a rule of thumb, most of our representatives payout percentages fall into a high 80’s to low 90’s range.

QUOTAS
We recognize that there are many factors that can impact a financial professionals production and it is our responsibility to support our representatives, not pressure them with quotas or sales requirements. With that in mind however, we strive for a minimum production of $50,000 GDC per representative.

 

 

220 North Main Street, suite 400 | Davenport, Iowa 52801 | P 563.326.2064 | F 563.326.2159

©2008 AUSDAL FINANCIAL PARTNERS; ALL RIGHTS RESERVED