Perspective

Going independent: Debunking the top myths holding advisors back

Examining the realities of moving to the independent advisor channel.

Key Takeaways

According to Cerulli, 95% of independent RIA advisors say they want to stay in the channel. This signals that the move to independence isn’t just appealing for advisors, it’s proving to be the right fit long term. Despite your personal desire for independence and the autonomy that comes with running your own firm, there are a few nagging questions that might be giving you pause.¹
Here’s the good news: According to Fidelity’s Advisor Movement Study, advisors’ initial concerns about moving are not often realized.
Let’s dive a bit deeper into each of these questions to help dispel some common concerns associated with going independent.

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Going independent: Debunking the top myths holding advisors back

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1 2024 Broker/Dealer Marketplace Report, Cerulli Associates.

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