Polar Investment Counsel Inc.

Independent Securities & Futures Brokers

Member: FINRA, NFA, MSRB, SIPC

Home Office: Thief River Falls MN

218.681.7344 * 218.681.1327 [fax]

Declare Your Independence

Indeed, there is a better life and a lot more money outside the wire house environment...

Today is      

 

Declare your
Independence!

 

ABOUT PICI
 
YOUR FUTURE?
 
TAKING THE DEAL
 
TRANSITIONING
 
CLEARING FIRMS
 
REQUIREMENTS
 
Q&A
 
FORMS
 
THE REP LETTER

 

Requirements

 

Licensing

The type of business that you conduct will determine what registrations and/or licenses you must hold.  In addition to registrations, you must be approved in any jurisdiction prior to solicitation.  We also require a Series 24 registration of all principals within 4 months of joining the firm.

 

Technology

 

As with most firms, we need to maintain certain criteria for operating a branch office.  In addition to the general regulatory items, we require a dedicated phone/fax line for business use.  Our clearing firm uses a web-based operating system that requires a minimum operating system of Windows 7.  Reports and functions within that system and various communications the firm uses, require the use of MS Word and MS Excel.  Anti-virus security software must be run on all computers and kept up to date with protection.

 

As technology becomes ever increasingly present in the financial industry, we at PICI require that our offices keep up-to-date with this technology. 

 

Web Site Presence

 

PICI encourages all representatives and/or offices to have a web presence.  The firm believes that in this electronic age a web presence is both desirable and necessary from, among other things, a standpoint of credibility and efficiency.  We allow the customization of each website to the specific business and needs that an office may have.  Representative must use PICIís resource to create and maintain this web presence, as the Firm must review and monitor all company websites. All websites will be hosted through the hosting company that the Firm designates.  Representative is responsible for all fees associated with this web presence. 

 

All material placed on a website and linked to must be approved by PICIís compliance officer prior to publication.

 

For more information, please contact Sherry Abbott.

 

ABOUT PICI YOUR FUTURE?  TRANSITIONING  CLEARING FIRMS  ●  REQUIREMENTSQ&AFORMS

 THE REP LETTER

 

For more information contact:

Michael C. Jordan

mjordan@polarinvest1.com

Professional Biography

President

218.681.7344

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