One of the major motivations for advisors who choose independence is to build an enterprise via recruitment and M&A. But inorganic growth opportunities are not exclusive to independent firms. Although more limited, wirehouse advisors have options too.

One of the major motivations for advisors who choose independence is to build an enterprise via recruitment and M&A. But inorganic growth opportunities are not exclusive to independent firms. Although more limited, wirehouse advisors have options too.

Andy Schwartz went from selling insurance at Northwestern Mutual to managing $3.5B in assets and leading of one of the firm’s largest groups. In 2014 they left to go independent as Bleakley Financial Group, now managing $8B in assets as a hybrid RIA.

Andy Schwartz went from selling insurance at Northwestern Mutual to managing $3.5B in assets and leading one of the firms largest groups. In 2014 they left to go independent as Bleakley Financial Group, now managing $8B in assets as a hybrid RIA.

Changing firms or models comes with some risk, one of the most critical being client portability. It was a risk that 26-year UBS veteran Steven Tenney and his team found was worth taking to better serve their clients without conflict and limitations.

Changing firms or models comes with some risk, one of the most critical being client portability. It was a risk that this 26-year UBS veteran and his $530mm team found was worth taking to better serve their clients without conflict and limitations. Guest

If at wirehouse or independent broker dealer, compliance is managed for you. But what if you want to launch your own RIA firm? Chris Winn of AdvisorAssist makes the topic less daunting, discusses setting policy, ongoing risk management and more.

Chris Winn of AdvisorAssist makes the topic of managing compliance less daunting in this conversation that dives into policy setting, how risk differs as an RIA, the relationship to workflow management, a changing regulatory environment and more.

It might seem odd for a show called Mindy Diamond on Independence to discuss why independence might not be right for you. But realistically some advisors shouldn’t go independent. Mindy Diamond and Louis Diamond break down the 10 most common reasons.

There are plenty of reasons why independence isnt for everyone. Listen in as Mindy and Louis break down the 10 most common reasons for financial advisors to not make the leap.