Approaching Independence as a State of Mind, Not a Model
By Barbara Herman – The word “independence” in this industry has come to represent equity ownership, entrepreneurship and the notion of “going out on your own”. But for many advisors, independence is less about a particular model like an independent broker dealer or RIA and more of a “state of mind”. To these advisors, the word “independence” more accurately represents the freedom to solve for what is most important to them, to be liberated from what they see as negative and to create a business life that is most ideal.
