Start-up Financial Brokers & Correspondent Clearing Firm Consultants

Broker-Dealer Consulting Projects
Experience Matters
- Conversion Specialist
- Introducing Broker and Clearing Broker Migrations
- Start-up Broker-Dealers and Secondary Clearing B-Ds
FINRA Compliance & AML Services
Leverage Our Expertise
- Annual Anti-Money Laundering (AML) Independent Testing
Securities Expert Witness & Litigation Services
Our Unique Strengths
- Securities Expert Witness Areas of Support
- 3 Reasons We Stand Out

Good Things are Happening at the Corner of Bedford and Main

Hiring Bedford and Main as a Consultant in our conversion between Clearing Firms, was the best business decision I made last year. John Foster knows and understands the operational and compliance matters like few people I have come across in 22 years of my career. I would certainly hire him again when any challenge out of the ordinary would come up in the future.
Carlos M. CEO and Managing Director at a US based Broker Dealer subsidiary of a foreign bank

My firm engaged John on behalf of our client, a defunct broker-dealer, in a complex arbitration against another industry participant. John’s knowledge and understanding of all facets of clearance and settlement helped us prepare and present our case efficiently and effectively. John testified clearly and concisely, translating highly technical principles into lay terminology. His command of clearance and settlement processes was best reflected on cross-examination. Opposing counsel thanked “Mr. Foster for his time” and declined to ask him any questions.
Aaron R. Partner of a Connecticut legal firm specializing in securities arbitrations

Our firm worked with Bedford and Main on an important project regarding third party managed investment programs. John Foster was very thorough and professional throughout our process, and was truly interested in understanding our business practices before making any recommendations for action. His reports were well written and provided a great deal of information and guidance to our firm. He can offer significant expertise on a wide range of subjects. Our firm found his input to be valuable and would certainly work with him again in the future. I would highly recommend John Foster and his firm Bedford and Main.
Tom M. COO of an industry top tier Broker Dealer and RIA

Principal Trust hired John as a consultant for a special project. John's knowledge of the industry, back office processing, best practices, and industry trends is top notch. He really listens to what his client is trying to accomplish. In our case, he leveraged his industry contacts and that, along with his personal knowledge and perseverance, brought us to a very successful outcome. I would highly recommend John for any consulting role in the financial services industry.
Carol B. Senior Vice President at a financial services Fortune 500 subsidiary

We have been looking for a long time for experience in setting up our clearing operations. We found Bedford and Main (John Foster) through an internet search and we were immediately enthusiastic after we had our first introductory call with John. John has a great deal of knowledge and experience in running and setting up clearing operations and he helped us work through analyzing and investigating how that could work out for us. His specialist and in-depth knowledge of the operational and regulatory environment for B/Ds helped to get things clear for us. I would highly recommend John and I look forward to working with John again in the future.
Osi L. CFO at an industry leading equity and derivative market making Broker Dealer:

John was recommended to my western Europe-based firm as someone who had a great deal of knowledge and experience in running and setting up broker dealers in the United States. He helped us work through a challenging project and delivered the solution we were looking for, due to his specialist and in-depth knowledge of the operational and regulatory environment for non-US firms, along with his contacts throughout the retail brokerage industry. I would highly recommend John and his company Bedford and Main. I look forward to working with John again in the future.
Brendan K. Business Development Director at a western European financial services firm

We hired Bedford and Main with the end goal of gaining a comprehensive understanding of the clearing landscape. As a new broker/dealer, we had many decisions to make – Bedford and Main was quick to clarify the decision tree for us and help navigate forward. We were impressed with the breadth and depth of knowledge.
Rob G. Co-Founder of a Start-up Broker Dealer

It was easy to work with John Foster and a sale of the B/D was consummated within a relatively short period of time. John’s contacts were excellent and I would recommend. He is a real pro.
William C. CCO of Broker Dealer shell offered for sale

I was introduced to John Foster and Bedford and Main Consulting during my evaluation of securities processing platform vendors. John became a valuable resource during the evaluation of self-clearing and fully-disclosed options from several different vendors. John has a broad understanding of the market-place and operational requirements. His industry contacts were invaluable in my company's decision-making process. He was instrumental in negotiating the proposal we ultimately accepted.
Doug R. EVP/CFO at a Kansas based self-clearing Broker Dealer

Bedford and Main were wonderful to work with. Not only completing a very daunting and specialized task for us, but doing it in a timely and efficient manner. I would highly recommend anyone needing their services to not hesitate getting in touch with John Foster.
Keith B. Founder at an Oklahoma based Equity Market Advisors Financial Services firm

My firm hired John to assist with creating WSPs specific to our needs. Not only did he demonstrate his deep industry knowledge but a thorough understanding of current industry trends. Our staff was very comfortable working with John throughout the entire process. I can't speak highly enough of John's work and strongly recommend him to fill any financial services consulting need.
Tim D. COO at a privately owned introducing Broker Dealer and RIA

I have used Bedford and Main in the past to whiteboard out all relevant operational and compliance needs for a new Broker/Dealer. We were extremely pleased with the efficiency and comprehensiveness for all of their services. I would not hesitate to recommend all of their services to any securities firm. Their knowledge is extensive and Rolodex full.
Micah G. CCO at a California based introducing Broker Dealer

Welcome to the Corner of Bedford and Main - We Celebrated Our 10TH Anniversary in 2022!

---------------------------------------------------------------------------------------------------------------------------

This May, we were honored to help make The Expect Miracles Foundation's Financial Services Against Cancer 4th Annual Distance Challenge a great success!

We extend our sincere appreciation to the many clients and work associates who contributed to our fundraising efforts. In the end, we surpassed our goal of raising $5,000 for this great cause.

Thank you! Thank you! Thank you!

-------------------------------------------------------------------------------------------------------------

Consulting Engagements – Anti-Money Laundering Testing – Expert Witness Services

When Bedford and Main started in 2012, we initially focused on providing traditional project related consulting services to the broker-dealer community. That hasn’t changed much. Our clients are primarily still introducing brokers, correspondent clearing firms, self-clearing and start-up broker-dealers, although we now solidly add Registered Investment Advisors (RIAs) to the list.

A few years in, we expanded our consulting services. Having obtained a certification as an anti-money laundering (AML) specialist, we developed a specialized service to provide broker-dealers with AML testing. As all brokerage firms are required to undergo independent exams, our AML services allowed us to grow our client base.

Complementing this, we expanded to offer even more compliance related services. In 2019, we were exceptionally pleased to announce that Bedford and Main Financial Consulting, Inc. was listed in the FINRA Compliance Vendor Directory.

By leveraging our active industry engagements, we then established a line of business that provided Securities Expert Witness and litigation support. This quickly proved to fit our business model like a hand in glove! It became very clear that our practical knowledge and experience in operational and compliance consulting, perfectly complimented supporting security litigations on both sides of the table.

As we finish our first decade of providing services, we are particularly proud to point to our Testimonials page. Having had the pleasure to work with so many great industry pros, we are excited to look forward to the next ten years.

Broker-Dealer Consulting Projects

FINRA Compliance & AML Services

Securities Expert Witness & Litigation Services

Good Things are Happening at the Corner of Bedford and Main

Welcome to the Corner of Bedford and Main - We Celebrated Our 10TH Anniversary in 2022!

We extend our sincere appreciation to the many clients and work associates who contributed to our fundraising efforts. In the end, we surpassed our goal of raising $5,000 for this great cause.

Thank you! Thank you! Thank you!

Consulting Engagements – Anti-Money Laundering Testing – Expert Witness Services