MGL
Consulting Corporation was formed in 1984 as a response to both the current
regulatory and reporting environment, as well as the needs of individuals
or companies desiring to own their own securities brokerage or investment
advisory firms as principals. In addressing those needs, MGL Consulting
Corporation provides a full range of services to the entrepreneurial Broker/Dealer
firms, Investment Advisor firms, Banks, Credit Unions and Insurance firms.
Through our services, MGL Consulting Corporation believes that we not only "demystify" the registration and operation of financial services firms for our clients, but more importantly, we facilitate our clients’ abilities to maintain their focus on what they do best...servicing their clients and growing their businesses.
The financial services industry has evolved over the years into a highly specialized and regulated industry. Brokerage firms, investment advisors, insurance firms and banks operating within that environment have become inundated with extensive reporting, disclosure and financial requirements under federal and state laws and the rules promulgated by self-regulatory agencies. The cost to the industry of complying with these complex requirements is significant, both directly, through the expenditure of capital in their efforts to comply, and indirectly, through lost marketing and management resources.
Consequently, those individuals, institutions or companies who have a desire to own and operate their own securities brokerage affiliate face an even more overwhelming challenge. They must evolve overnight from being professionals in the marketing of financial services to having a sound understanding of the multitude of registration and operational issues facing the new owner as a principal of a financial services firm. This is where MGL Consulting Corporation can be of assistance to you. Our team of professionals have extensive experience and expertise in the securities, investment advisory and insurance industries from which you as our client can rely on. Our team will provide you with direction, solutions and unparalleled service.