Brokers and Dealers

Interested in becoming a broker for ERS?

Begin the registration process on the External Advisor Website

Requirements for Brokerage Services

Opportunities for brokerage services are available to firms who meet certain requirements:

  • Firms must be in good standing with the Securities and Exchange Commission;
  • Firms and their designated agents must be members in good standing with the Financial Industry Regulatory Authority (FINRA);
  • Firms must be registered and in good standing with the Texas State Securities Board;
  • Firms must demonstrate a proven, effective execution platform for institutional investors that has been utilized by the firm for a minimum of three years;
  • The firm or its executing broker and the clearing agent must each have minimum excess net capital of $2,500,000 and
  • Firms must demonstrate an ability to add value to the investment process.