EP 6: Fact vs. Fiction: The True Realities of Independence for Financial Advisors
It’s often not easy to separate reality from myths and untruths—and this is especially true in the independent space. As one of the relatively new models in the wealth management landscape, it’s often subject to headlines and hearsay.
In this episode, Mindy addresses some of the popular preconceived notions about independence, setting the record straight on common myths she hears from advisors.
She shares advice and examples to dispel these statements and more:
- “I won’t be able to support my high net worth, ultra high net worth or niche clients.”
- “I can’t go independent because my clients are attached to my firm’s brand.”
- “There’s too much work involved in taking the leap and running an independent firm.”
You’ll also learn the 4 key questions you should ask yourself before considering a leap to the independent space.