Perspective

Top 5 reasons to consider going independent

Firm leaders share their motivations for choosing the path of independence.

Key Takeaways

Independence has been the fastest-growing form of advisor affiliation over the last 10 years.¹
By 2025, Cerulli Associates projects that more than a quarter of the industry's assets will be managed by advisors in RIA channels (independent and hybrid).²
Demand for advice is increasing: 63% of investors indicate a willingness to pay for advice, up from 38% in 2009.³
Why are so many advisors and teams opting to go independent and start their own firms?

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Top 5 reasons to consider going independent

Next steps to consider

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1. Cerulli Associates, "Taking Control: Exploring Independence," June 13, 2022.

2. Cerulli Associates, "U.S. Advisor Metrics 2021: Client Acquisition in the Digital Age," February 2021.

3. Cerulli and Associates with SIFMA, "The Evolving Future of Wealth Management," November 2023.

For important information, see the full linked content.

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