What firm best for Options?
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[quote=deekay]That sounds a lot like complaining about compliance. Am I missing something?
I'm not trying to be a d!ck, I truly would like to help anyway I can (as limited as that may be). Although, it seems you have a high understanding of options, you may not realize your full potential until you go totally independant/RIA. Just my two cents.[/quote] I guess everybody has their own perception of what they read. I appreciate your thoughts. No doubt that being independent has it's advantages. How would I tell an endowment committee that I'll be working from my house? They have the monthly meeting in our board room. As I said these are just my thoughts not sure it would be an issue at all with them. I don't have the resources to set up an office on my own at this time either. Not to mention pre existing conditions on my health insurance. To bad there is no in between around here.You don't have to be on your own and "work out of your home" to go RIA. I'm guessing there are several in your area that would consider bring you on as part of their firm. That way, pre-ex for health insurance becomes less of an issue, they've got office space available, and you're free to manage your clients' assets the way you see fit.
Don’t let the office be an issue (and you will WANT to work from home) When I went out on my own I worked from home and used an executive suite (think Regus). Much nicer than I could afford on my own. My set up was at the house, my address read the office suite and I rented out a conference room for meetings.
Now, I have my own office space and I miss working from home!
On the indy side you can purchase all the Thomson software. If your current firm does any customization or has some proprietary add on may be the only issue. Unless you need that upfront check, it really is much nicer on the RIA side.
Good luck!
Not saying I am per say. If I was to have an issue or two it would be how the rules for what type of client can have higher than level 2. What if you had a large client that had 5 and then the next thing you know they are only level 2. Kind of hard to explain that away.[/quote] I am having trouble imagining how that could happen? ? ?[quote=QB]What option issues are you having at WFA? I have never had any. Is it branch level headaches you are dealing with?
Not saying I am per say. If I was to have an issue or two it would be how the rules for what type of client can have higher than level 2. What if you had a large client that had 5 and then the next thing you know they are only level 2. Kind of hard to explain that away.[/quote] I am having trouble imagining how that could happen? ? ?[/quote] Yeah, you and me alike.[quote=Gaddock][quote=QB]What option issues are you having at WFA? I have never had any. Is it branch level headaches you are dealing with?