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Summary: Over the last five years, a number of advisors have left the wirehouses and other employee models to go independent. In fact, the asset market share of the wirehouses, national and regional broker/dealers, has declined from about 63 percent in 2011 to nearly 59 percent at year-end 2016, according to Cerulli Associates. At the same time, independent channels—independent broker/dealers, RIAs and hybrid RIAs—saw a jump in market share from about 37 percent in 2011 to 41 percent in 2016.
 Ultimately, knowing yourself and being true to the voice that drives you should be the catalyst that defines the real value in deciding which path to take toward your best business life—not the economics..”Mindy Diamond, President and CEO, Diamond Consultants |
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