Lexaurum Advisors
LexAurum Advisors is a Kansas City-based firm that specializes in advisory-only practices, helping financial advisors transition from traditional broker-dealer affiliations to a fee-based advisory model. The firm emphasizes reduced regulatory hurdles, lower operational costs, and higher payout potentials, making it an attractive option for those looking to optimize their advisory business.
While LexAurum supports advisors in enhancing their business valuation through a recurring-revenue model, it also outlines potential disadvantages such as the loss of commission sales and lapsing broker-dealer licenses. Overall, the firm aims to provide a streamlined, efficient path for financial professionals seeking to embrace an advisory-only approach.
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