Why Independence with GBS?
You are able to improve you relationships with your clients without the pressure of proprietary products or platforms.
Build relationships with your clients based on their needs and goals
Create solid client relationships which can lead to client referrals
As and independent you have the opportunity to choose your own business model.
Decide whether to focus on a fee-based or transactional-based service
Change the investment strategies of your clients to meet their present and future needs
Access to a Money Manager that both you and your clients can have personal contact with
Explore a specialized or niche market
Investigate a new product or product concept
Select a business structure that is a sole proprietor, partnership or corporation
Build your business your way
You have the ability to plan for your future.
You own your book of business
You have the ability to choose your future and the future of your book
You are in control of your Quality of Life.
Design your own office
Hand pick your staff
Find your perfect balance between your professional and personal life
Join the GBS Team
GBS specializes in supporting high producing Representatives who want to become their own boss, get a higher payout, and do so in an environment that allows them to focus on the clients without “the demands” of a typical brokerage firm. With all the products we offer along with our Advisory Programs, GBS Financial provides a competitive edge for you.
We have the technology platform which is critical to streamline your operation. Our real time, direct back office system, allows our Representatives a visual on their trades as they are executed.
GBS realizes the importance of developing solid and long lasting relationships. We want you to have a clear understanding of the workings of GBS. In order to achieve this we conduct a one-on-one detailed orientation. That includes you know the workings of each of our clearing firm so you can choose the one that fits you best.
Our group of employees are extremely committed and involved in every aspect of GBS Financial Corp. We have a combined experience in the financial and securities industry of over 150 years.
Our goal and vision is to continue to grow as a full service financial services firm. We can achieve this with the help of our committed group of employees whom combined have over 150 years of experience in the Finance and Securities Industry.
We look forward to adding more experienced Representatives to our team. Please e-mail Gerard Gloisten at
gpgloisten@gbsfinancial.com or call us in confidence at (888)427-0559 to discuss the opportunities of independence with the GBS Financial team. We welcome financial advisors with a current book of business and a good compliance record.
History and Important Facts
GBS is a full service securities firm, providing investments in stocks, bonds, mutual funds, 1031/TIC and other securities.
GBS was formed in 1985 and has been profitable since inception.
GBS Officers:
CEO Don Gloisten
President Gerard Gloisten
GBS has an impeccable compliance history and regulatory status.
GBS is a member in good standing with the FINRA, the Municipal Securities Rulemaking Board (MSRB) and California Department of Corporations.
GBS is a member of the Security Investor Protection Corporation (SIPC), the Securities Industries Association and Financial Markets (SIFMA) and National Association of Independent Broker Dealers (NAIBD).
GBS Financial is a Registered Investment Advisory with the Securities and Exchange Commission (SEC).
GBS will carry your client’s account with one of its two clearing firms –J.P. Morgan Clearing Corp. or Wedbush Morgan.
GBS Financial has an agreement with most mutual fund and insurance companies.
North Bay Business Journal, March ’05, ranks GBS the 10th largest Brokerage Firm in the North Bay.
GBS Financial has no proprietary products.
Representatives can be completely independent with respect to seeking the best markets and prices for products and services.
GBS pays commission monthly
PRODUCTS AND SERVICES
Products
Alternative Investments
Bonds
Equities
Investment Management
Mutual Funds
Options
Unit Investment Trusts
Real Estate Investment Trusts
Retirement Plans
Reverse Convertibles
Variable Annuities
1031 Tenants in Common
Priveleged Access - J.P. Morgan's Cash Management Account
Advisory Programs and Services
Managed Account EDGESM - J.P. Morgan/s singel contract money manager program
Manager CIRCUT - J.P. Morgan's dual contract money manager directory
Fund Quest - third party TAMP (Adivsor Gateway)
Global Bridge
McCullough & Associates LLC
Morningstar
GBS is always willing and able to look at any other products or product concepts that our Representatives are interested in.
Clearing Firms
GBS Financial will carry your client’s account with one of its two clearing firms. J.P. Morgan Clearing Corp or Wedbush Morgan Securities. Here are some features to consider when choosing your trading platform:
- Client Support
- Client Tools
- Technology
- Fees and Expenses
- Advisory Platforms
J.P. Morgan
J.P. Morgan is an industry leader in providing clearing, custody, operation, financing, technology and order execution capabilities to institutional and retail organizations worldwide. We provide access to the firm's resources, tools and products so clients can focus their time growing assets, attracting clients and building their businesses. A uniquie platform supports diverse business types, institutional/capital markets, trading, wealth management, prime brokerage, fixed income and international firms.
Wedbush Morgan Securities
Wedbush Morgan Securities is one of the largest private, independent brokerage firms in the United States. The firm specializes in providing transaction and trading services to both institutional and private retail clients. Wedbush Morgan has over 650 employees, $12 billion in custodial assets, and over $1.6 billion in balance sheet assets.
Founded in 1955, Wedbush Morgan Securities is one of the largest private, independent brokerage firms in the United States. The firm specializes in providing brokerage and advisory services to both institutional and private clients. The Private Client division has 23 regional offices and over 100 nationwide correspondent offices. Wedbush Morgan focuses on middle-market companies and their entrepreneurial leaders, and has met the financing needs of numerous successful growth companies across a variety of industries through public offerings, private placements and financial advisory services. Wedbush Morgan's research and investment banking groups focus on sectors within technology, consumer goods and services, life sciences, industrial and business service.
Gerard P Gloisten
President of GBS Financial
1997 – Present
GBS Financial Corp
President
Responsible for the daily inter workings of GBS.
Over the past 10 years Gerard has more than doubled the number of independent GBS brokers.
He opened the Northern California office, which is now the headquarters for operations, trading and compliance departments. With Gerard at the helm GBS has increased assets threefold. The firm now has over $1billion under management. Gerard is also one of the top 10 producers at GBS.
1993 – 1997
Merrill Lynch Inc.
Financial Consultant
Gerard began his career in the Financial Services at (Mother) Merrill, during his three year tenure; he exceeded all Assets and Production goals set by the firm and consistently was a top quartile performer.
Education:
BA in Environmental Studies and Planning, Sonoma State University
Wharton School of Business, Securities Industry Institute
Security and Insurance Examination Qualifications:
General Securities
Registered Principal
Investment Advisor
Life, Health, Disability and Variable Insurance Licensing
Professional Accomplishments
Member of the Northern California Association of Independent Broker Dealers (NAIBD)
Produced Gloisten Investment Letter for clients, prospects and students
Contributor to the industry newsletter, The Dick Davis Digest
Civic Associations:
Vice Chairman, Junior Achievement of the Redwood Empire
Donald G. Gloisten, J.D., PFP
CEO& Founder of GBS Financial
Experience Prior to Forming GBS Financial:
Wedbush, Noble, Cook, Los Angeles Main Office:
Vice President and Director of Retail Compliance
General Counsel for twenty branches
Bateman Eichler, Hill Richards, Los Angeles Main Office:
Vice President, Director of Training
Associate Manager of the Los Angeles office
Conducted all training activities, including post registration training
William R. Staats, Glore Forgan, Inc., Los Angeles Main Office.
Vice President, Director of Training
The Dreyfus Fund, New York.
House Counsel for the Fund and the Dreyfus Corporation
New York Stock Exchange, Department of Member Firms
Conducted investigations and responded to customers’ complaints
Education:
LLB, JD, Seton Hall University, New Jersey
AB, St. Francis College, Brooklyn, New York
Professional Designation in Personal Financial Planning, UCLA
Security and Insurance Examination Qualifications:
~Principal ~Registered Options Principle
~Financial Principal ~ Investment Advisor
~Life, Health, Disability and Variable Insurance Licensing
Professional Qualifications:
~ Member, NASD District No. 2 and District Business Conduct Committee, 1994-1997
~ Served on the Extension Faculty, UCLA (for over 20 years)
~ Currently serves as arbitrator in the securities industry
~ Past President, California Association of Independent Broker/Dealers
~ Produced Gloisten Investment Letter for clients, prospects and students
~ Vice Chairman, Northridge Hospital Foundation
