ARLINGTON HEIGHTS, Ill., Oct. 19, 2016 /PRNewswire/ -- Financial advisors seeking access to personalized bond management and direct purchasing opportunities now have another option other than rummaging through thousands of bonds via their trading platform. World Equity Group (WEG), a rapidly growing independent broker/dealer and registered investment advisory firm headquartered in the Midwest with $3 billion in assets, today announced its third consecutive year of growth for its bond trading desk, which offers financial advisors completely customized approach to incorporating bonds into a portfolio.
"We all know that bonds may be a useful tool to portfolios when seeking lower risk. The problem is that bonds often have a complex structure, many advisors avoid them because they are really unsure what they are getting their clients into," said Rich Babjak, president, of World Equity Group. "We wanted to provide a solution to our advisors that is truly customizable to each of their client's needs – not just a point-and-click solution that is available to everyone."
Since its inception in 2013, World Equity's bond desk has doubled the amount of assets it manages year-over-year. Sarah Simmons, a 20-year industry veteran oversees the buying and selling of bonds utilizing an extensive dealer network with Tier I institutional pricing. She is also charged with reviewing portfolios and providing guidance in bond buy/sell selections, as well as creating and executing bond ladders for the more than 170 World Equity Group advisors.
"Platforms can't tell you everything. We are eliminating the electronic middle man and looking beyond just the bond rating before we make any type of recommendation to our advisors," stated Simmons. "For advisors, the direct buying of bonds may not be an option for them. Smaller advisors have an even more difficult time leveraging their scale. With our industry relationships, we are able to deal directly with the street and fight for the best possible pricing."
Advisors utilizing World Equity Group's bond desk resources have found some success for their clients. Harvey E. Hutchinson IV, AAMS, president of Hutchinson Financial Advisors, Inc., recently tapped the independent broker-dealer bond desk to analyze a retail bond offering for his clients.
"I could have easily gone into our custodian's platform and purchased the bond right then and there. It is just one of the true benefits and a real differentiator for an advisor working with World Equity Group – being able to pick up the phone and lean on the expertise that Sarah and her team offer," said Hutchinson. "They really have the desire to understand my business and my clients. Knowing I have a resource of that caliber to tap offers me peace of mind that I am doing what's best for my clients."
Advisors who interested in working with World Equity Group may email email@example.com or call (800) 765-5004 for more information.
ABOUT WORLD EQUITY GROUP
Founded in 1993, World Equity Group is run by top financial professionals and practicing advisors who understand the fee-based business needs of other independent financial advisors. The firm is focused on building individual relationships with every advisor who decides to join the World Equity Group family. Partners Rich Babjak and Robert Yarosz consider WEG Registered Representatives business partners, and the entire WEG team works hard to add value to each advisor's practice. The company offers a compelling array of products and services – including investment banking services, alternative investments and sophisticated solutions for accredited investors, and an in-house bond desk – that allow advisors to offer a wide range of solutions aimed at meeting the unique needs of each client. For more information visit www.WorldEquityGroup.com.
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SOURCE World Equity Group