Is it possible to be an RIA and a Mortgage broker or is that prohibited?

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I don’t see the issue. But on a few things. (1) that it’s disclosed on your CRD as an OBI (2) that it’s in your adv form 2b (3) if you mortgage broker existing clients you disclose the possible conflict of interest and have the client acknowledged (4) have a separate entity for the mortgage brokerage

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It is possible if the conflicts and engagements are disclosed appropriately. Don’t do a reverse mortgage for a client then invest the assets though please.

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