Series 26: Networking Arrangement Guidelines

Networking Arrangement Guidelines

A networking arrangement is a written agreement between a member firm and a banking institution under which the firm offers its brokerage services on the premises of the bank (or off). Through such an agreement, a bank may provide its customers with services it cannot offer on its own, and the broker-dealer may draw new customers from the bank.

Member firms that enter networking arrangements are required to clearly identify themselves as distinct from the bank where they are located.