Summary: Wirehouse advisers looking for independence have choices of the type of firms they create or join – independent broker-dealers, existing registered investment advisers or their own RIA. But the option that eliminates the most business worries will require them to surrender up to 25% more of the profits.
 Advisers have to ask themselves whether they are jazzed about finding their own office space and hiring staff and dealing with technology decisions and the like, or do they want it all done for them."Mindy Diamond, president and CEO, Diamond Consultants |
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