Independent Mindset – Whether The Choice To Go Independent Is Right For You
There are many reasons why advisors choose to go independent with their practices. From greater autonomy over business operations to branding control and, in most cases, a definitive financial upside – the attractiveness of the independent model is undeniable. Going independent; however, is not a ‘one size fits all’ solution and many advisors fail to ask themselves the tough questions that let them know if independence is right for them. In this episode of “The Financial Advisor’s Advisor”, Elite Consulting Partners CEO Frank LaRosa discusses the importance of understanding who you are and what you want for your business as key drivers in choosing independence and provides case studies of current advisors and teams he is working with to illustrate the analysis points every advisor or team should go through in making the decision to go independent.