“Our goal is to empower anyone who wants to control their financial destiny without relying on anyone else to make it happen…even us,” said Greg Sossaman, CEO of Planet Wealth. “We are reversing the paradigm of Wall Street. There are so many investors who have felt shut out, shut out, and excluded from mainstream financial markets for so long, but those days are coming to an end. Planet Wealth will soon offer everything you need and anything Wall Street wants to sell you, but at a fraction of the price and on your terms – not theirs.”
Acquiring an existing broker offers a number of advantages over creating one from scratch, including speed to market. Once a purchase agreement is entered into and regulatory conditions are met, Planet Wealth can begin operating as a broker almost immediately. The company already meets the vast majority of the relevant regulatory criteria. Every broker-dealer, new or existing, is subject to FINRA restrictions before and while acting as a broker-dealer on behalf of its clients.
About Planet Wealth:
Planet Wealth is democratizing access to the American investment system – moving it from Wall Street to Main Street. Planet Wealth aims to provide income and wealth building opportunities that enable high income and return potential for the average player; to help the masses build financial networks around the world that wield as much power as the pros, taking advantage of opportunities with their combined strength. Based at Memphis, TNthe company was launched on July 4, 2021. https://planetwealth.com/
SOURCE Planet Wealth, Inc.