It’s natural to wonder whether where you sit is the best place to build your business and serve your clients. No doubt the DoL rule has fueled the thought process for those who work in organizations that are managed to the least common denominator. Yet while many advisors cringe at the thought of even considering a move, others move past the anxiety phase far more quickly once they recognize that there really may be a “better way”.
With independence having become as legitimate an option as being an employee, advisors have the freedom to define how they really want to live their business lives. And an industry landscape that has expanded well-beyond most expectations provides many interesting options for those with an entrepreneurial mindset.