I'm curious about how many of you pay your own expenses for a platform (lpl, etc) regardless of from home or not and how many run your practice out of another indy branch to reduce costs. For either, what led to the decision? (Please state what BD you're with.) For those who use another office, I have a few questions:
-What % cut does the branch location take beyond the BD payout grid?
-Do you still get to choose your own firm name and business structure (Joe's securities, llc and seperate eligibility for sep or whatever other plan you want) or in essence run "under" the branch?
-Do you have access to any sales assistant or other shared support?
-Do you in your specific situation have a written documentation that you own your practice without non-compete of any kind?
As you can see, I'm deciding if I should start from home with an indie BD at the end of the year or find a branch and avoid some of the hassle. I should state I want absolutely NO "management" beyond compliance requirements that would be present anywhere. Your thought/experiences appreciated.