Company Structure

1.       Where are you located?   Newbridge Securities Corporation is headquartered in Ft. Lauderdale , Florida .  The Firm's central administrative and management offices, trading department and other core operational personnel are located there.

2.       How long has Newbridge Securities been in the broker-dealer business?   The current senior management team has been present at Newbridge since 2000. The broker-dealer license first was issued in 1997, but did not engage in any substantial business activities until the current senior management team acquired their interests.

3.       In which states is Newbridge Securities registered to do business? All states except Maine

4.       Please describe the background and experience of the key management personnel? The President and CEO have a combined 40 years of experience, in both retail production and management roles. All key management personnel have extensive experience in their respective fields. For example, our Chief Operations Officer, Compliance Officer, Director of Research and Director of Independent Services have been in the securities industry for over 20 years.

5.       Is Newbridge Securities a registered investment advisor (RIA)?  No, however our affiliate, Newbridge Financial Services Group, Inc. ("NFSG") is an SEC registered investment adviser. You may choose to affiliate with our RIA, or you may establish or maintain your own. NFSG's primary financial planning/managed money platform is Envestnet, and the specific services and costs are available on the Firm's intranet, "NSCnet."

6.       What is Newbridge Securities commitment to supporting advisors with independent offices?   We are in a service business and understand that service is the number one need for our customers. From the perspective of our Independent Services Division, our independent representatives are our customers.  Our management and staff are always available via phone call or email to assist you in your business.

7.       What is the level of expertise of these employees?   There is no substitute for experience. In key departments such as compliance, operations, and trading, our experience will be an important factor that helps take your business to the next level. We invite you to speak directly to the management of these departments as part of your due diligence in deciding on a broker-dealer affiliation.
 

Investment and Product Offerings

1.       What products and services do you offer?   We offer virtually every security and/or insurance based product that may be of interest. If you have a particular interest in products for which we do not have selling agreements, we have clear procedures for the submission, review, and, in most cases, approval of such agreements in a timely manner.

2.       Can you tell me about what you offer for fee-based asset management programs?   Our  advisory platform is offered in conjunction with Dorsey Wright & Associates, Envestnet, and Baker Street. These platforms are integrated directly into Thomson One, our premier advisor workstation. It is designed to streamline your ability to manage your book, target new clients and grow your fee-based business. Information regarding services and fees is available on the Firm's intranet, NSCnet.

3.       Can I do Insurance business at Newbridge?   Yes. We pride ourselves on not hair cutting nor capping the payouts on this business.

4.       What mutual funds, variable insurance products, and fee-based programs are on Newbridge Securities approved list?   What is the process for adding products not on this list?   Our list of approved products and services is constantly changing and growing. For this reason, it is best reviewed online at NSCnet. If you don't see or you need any product that does not currently have a selling agreement with Newbridge Securities; it is generally a quick process to procure one. Contact your branch manager to start the process. Due diligence will be requested from the provider and reviewed in a timely manner.

5.       How "state-of-the-art" is Newbridge Securities technology and how will this technology help me do more business and render better service to my clients?   How is this technology delivered and implemented for my clients and me? What is the cost?   Newbridge Securities is fully committed to providing its representatives with the current, comprehensive and integrated technology resources that they need to conduct their businesses. To that end, we offer all of our representatives full, free access to our proprietary desk-top information platform via our NSCnet. Virtually everything you need to conduct all aspects of your business is easily accessible from this versatile site. We have an experienced dedicated staff that provides compelling content in their respective areas for broker review on a consistent intraday basis. We invite you to visit this site and "see for yourself." Our proprietary systems work in tandem with the industry-leading back-office systems provided by our clearing firm, Legent Clearing LLC. Newbridge maintains a full time, in-house IT staff that is available to you virtually "around the clock" to assist you should any "technical difficulties" occur.

Operations

1.       Who is Newbridge's clearing firm?   We clear through Legent Clearing LLC.

2.       What kind of transition support do you have?   What assistance does Newbridge Securities give me in moving my accounts and getting established with the firm?   You will have a dedicated transition team that customizes all aspects of your transition around you and your business. Every rep has a unique business and, as such, unique concerns. We handle each representative's transition individually to address the needs of that representative. Experience has taught us that the transition period is absolutely crucial in building a good relationship with our representatives. You will have 100% access to the Transition Coordinator at all times and personal introductions to all staff involved in your transition.

3.       What facilities and licenses do I need to have an independent office with Newbridge Securities?  Must I have a Series 24 principal license?   The facilities that you decide to use in your office are largely up to you.  The minimal requirements include basics such as a high-speed internet connection, at least 2 phone lines, and a fax machine or efax capability. All electronic correspondence is done via our email system (which is Microsoft Outlook Exchange.) Whether a Series 24 is required depends on the nature and size of your office, the kinds of business you expect to do there, and other similar factors.  We will assist you in ensuring that you and your office are appropriately licensed.

4.       Can I hire other representatives in my location?   Yes. Keep in mind that the final decisions on hiring necessarily reside with the Firm's compliance department and senior management. However, provided that you and your office are appropriately licensed, Newbridge will promptly review any hiring requests you may submit and provide you with prompt, meaningful responses.

5.       What type of errors and omissions program does Newbridge Securities have?   Newbridge currently requires all of its financial advisors engaged in sales activities to maintain reasonable errors & omissions insurance. Presently, the Firm maintains a policy with Lloyd's of London.  You may choose to pay to participate under this insurance, or you may request the opportunity to obtain your own E&O insurance. All such requests will be reviewed by management and, if accepted, you will be required to provide proof of ongoing coverage.

6.       Will I be able to provide a consolidated statement to my clients, including cost basis information? Cost basis information can be input on the Thomson One online account management platform.

7.       What other complementary products and services are available to the client?   Clients can review their accounts on-line for no charge. We also offer a complete array of product enhancements to client accounts such as: check writing capabilities, debit/credit cards, enhanced statements, systematic withdrawals and investments.

Cost and Payouts

1.       What are your fees?   Please refer to Independent Registered Representative Agreement ADDENDUM Fee Schedule.

2.       What is the payout and/or fees? This is negotiated on a case by case basis with factors considered such as, years of experience, assets under management, business mix, past disciplinary history, and gross production. Please view our website for our standard Commission schedule.

3.       Do you have any quotas? We have no quotas while licensed at Newbridge, but, do require a minimum of $80,000 in trailing 12 month commissions in order to qualify to come aboard.

4.       What is the average production of Newbridge Securities representatives?   The annual production of our reps may vary greatly from one representative to another. As a corporate philosophy, we do not focus on gross commissions. Commissions are a by-product of hard work and doing the right thing for clients.  We seek to empower our representatives by giving them the information, training and support they need to grow their businesses in the directions that interest and suit them.

Research and Trading

1.       Tell me about Newbridge Securities' trading desks. Newbridge eequity and fixed income
trading desks are staffed with industry seasoned traders with a service oriented attitude. Our traders are able to provide the fastest and best execution possible. Your market orders are executed and the price is confirmed immediately.

2.       How are trading errors and disputes handled?   All trading lines are recorded. If an error is made and identified the same business day, a correction often can be done without a confirmation going out to the client (or a charge to the representative for the correction). If the error is found the next day or later; a cancel/correct form is filled out by the representative and faxed to the manager for approval. There is a $25 fee to the representative for each cancel/correct.

3.       Is Newbridge Securities a market-maker in NASDAQ stocks?   If not, which market makers do you use?   Newbridge makes a market in over 200 stocks. Should there be a need for execution in a security in which we do not make a market, we use ECN's and other resources to assure you and your clients the best execution.

4.       Please describe Newbridge Securities bond trading operation.   We have full time fixed-income traders. We have links to numerous inventories, underwriters, broker-dealers, trading desks, and others for municipal, corporate, cd, Structured Products and other fixed income instruments. On NSCnet, we maintain a list of corporate bonds trading in the secondary market that the trader finds attractive. Please review the NSCnet bond section for more information.

5.       What research services do you offer?   Are these available online?   Newbridge Securities has several outside research sources available to our reps including: our 'RESEARCHFocus' that offers several independent research providers, Value Line, Morningstar, Harry S. Dent, Dorsey Wright & Associates and others. We also have in-house research and analysts on both the technical and fundamental sides.