Primer for Breakaways-Trends and Rationale

Summary: Nary has a day gone by without an article about the burgeoning breakaway trend.  And the data support it whether you look at the shift in assets under management or the headcount of advisors themselves.  With that said, I have personally been surprised by the number of wirehouse advisors that concede they know very little about the world of independence.  In fact, a survey of breakaway brokers conducted by Fidelity last year concluded that the #1 obstacle to independence was a lack of understanding about how to do it.