Forming a Property Management Company

[Brandon McEwen]

Hi, I'm a real estate agent in New Jersey under the brokerage of Keller Williams and I am trying to start a property management company but I've hit a few technical snags. My questions are: does my broker's name need to be under the LLC with mine or can I own the company 100% while working under his broker's license, and how else can I completely protect my broker? For example, if I am able to form this LLC on my own, can I take out liability insurance for my company and list him under the policy? I want him to be completely protected.

Thanks!