Giving up some control to gain additional freedom and flexibility is just right for many advisors considering independence.
Going independent is an opportunity for advisors to gain greater flexibility and control over their businesses, but actually breaking away from an employee model can be daunting. Many advisors have spent their entire careers reliant upon their firm’s infrastructure where much of the day-to-day operational aspects of running a business are managed by the firm. So while advisors may be attracted to the freedom offered by independence, many are hesitant to leave behind the support they have become so accustomed to.
The good news is that there’s an option available that allows advisors to gain many of the advantages offered by independence, yet without being bogged down by the day-to-day requirements of running a business or the feeling that...
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