During 2010, brokers and financial advisors have continued to leap into the independent channel at a swift pace.
[pullquote]…independent advisors and brokers will make more money in the next year and a half.[/pullquote]
Whether it was to set up their own shop, join another RIA or sign on with an independent broker-dealer 56% of 1,046 investment professionals said the independent model has become more attractive in today’s economic climate and 70% expect independent advisors and brokers will make more money in the next year and a half.” *
So, if you are an advisor thinking to make “the leap”, you need to carefully vet the firm you are considering, and more than likely you’ll need a professional recruiter to help you do this.
At Willis-Consulting, Inc. we can give you the insight into each firm’s infrastructure, investment philosophy, marketing strategy and compliance records to assure they are compatible with your and your clients’ needs and objectives. It’s all about the right “fit” so doing your homework is mandatory.
*Broker and Advisor Sentiment Index survey conducted on behalf of Fidelity Investments