SEMI-INDY Route offer by Firm?

2 replies [Last post]
NewtoDEfIEld's picture
Joined: 2007-09-17

As I had state in the previous post. I've recently sat down for 2
different firm for advisor position. Firm A offer me a job as an
advisor in their office, just the normal Junior Associates stuff climb
the ladder to branch manager, district and regional if I'm ambitious. ()

Firm B offer me 3 different choice after my first year. work in the GO,
open a sattelite office, or option #3. Open an office as DBA, structure
could either be LLC or Sub C, Run the Financial services independently
from the HQ but would be pushing their products(i.e mutual funds,
annuaties.). For the funds, i'm not locking in to a select group. I do
have a variety of choices, and I was also told that I would be able to
push Vanguard or Fidelity stuff if client ask for it. For stock I would
be using HQ for clearing. Consultant services and Specialist are free
of charge.

Is this normal, or is this new things that firms are trying to do to keep advisor from defection or going indy.

I also saw something almost identical to what I just describe in the local paper.

" Such & Such Financial Services Group, LLC
Wealth Management
Retirement Counseling
Succession Planning
Financial Planning
Investment Management
Long-Term Care Planning
Estate Organization(could be the same as Estate Planning)

bottom of the Ad

Securities and Investment advisory services offered through Ray Jay Financial Services, Inc.

ShoreDog's picture
Joined: 2007-05-14

If one firm is offering you junior associate I am assuming you have little or no experience why would the other think you have enough experience and ability to run your office after a year?
What are they offering you during that 1st year?

ShoreDog's picture
Joined: 2007-05-14


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