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Business Options for Self-Employed Brokers

A self-employed broker (designated broker) may operate under several options. This section outlines the differences between such options. There are circumstances where you may operate under a trade name in combination with the other options available, as allowed by law. However, all the necessary documents and information must be completed for both, if applicable.

Operating Under Own Name

Operating Under a Trade Name

Operating as a Corporation

Operating as a Professional Corporation

Operating as a Limited Liability Company (LLC)

Operating as a Partnership

Operating as a Limited Liability Partnership (LLP)

 

If you are transferring your license to become a Self-Employed Broker, please review the Transfer Checklist for list of all requirements.