The first item I believe you need is the MINDSET and the belief that going independent is the right thing to do for you and your clients -- and that you can do it. So this is sort of the psychology of how you feel about independence.
If you think independence is for the unambitious, you are stupid
CommentBrad Weddle -- "wish I had done it sooner" despite his "disappointing" transition from Edward Jones
InterviewsCommentThis is a transcript of HTGI podcast episode 25 (click HERE to check out that show) I did with Brad Weddle. It has not been edited to a final draft quality, so please excuse any hard-to-follow passages. You can also listen to the show using the media player to the right.
Nine stressful habits that entrepreneurs should quit now - by Tim Ferriss
MiscellaneousCommentI’m going to borrow from Tim Ferriss today. If you’re not familiar with Tim, he wrote a book called The 4-Hour Workweek back in 2007, which for years I didn't read--because it sounds kind of scammy. But it’s really just a productivity and the 80/20 rule book. So it’s actually fairly useful and a good book.
How financial advisor Ashley Hodge manages $100 million from his home office without an assistant
InterviewsCommentThis is a transcript of HTGI podcast episode 23 (click HERE to check out that show) I did with Ashley Hodge. It has not been edited to a final draft quality, so please excuse any hard-to-follow passages. You can also listen to the show using the media player to the right.
Where to learn about going independent (besides right here)
MiscellaneousCommentChad Atkins on best practices in converting from brokerage to advisory
InterviewsCommentSean: Today I’m with Chad Atkins, one of my business partners. Chad had quite a remarkable move from wholesaler to advisor as we documented in Episode 2 of the podcast. So if you want to hear the whole story, go back and listen to that one. Great discussion about how he got here. Chad, thanks for joining me.
What does it mean to be an independent financial advisor?
Miscellaneous1 CommentThis website is called How To Go Independent. The natural question that I probably should follow that is what does that actually mean? What does it mean to “be independent?”
After six and a half years of having my own practice, and about six years before that pondering having my own practice, I have an understanding in my own head and with the people I talk to regularly what independent means. But a couple things have come up in the last week that have reminded me that anytime you're trying to communicate something that you're very familiar with, you need to do the best to start at the beginning.
Gerald Robinson -- A Career-changer financial advisor's path to independence
InterviewsCommentGerald had a long and distinguished career at the Kroger company, ending up as the district manager at the end of his time there when he finally decided it was time to try something different. After the stresses of holiday time and retail, the general restructuring, downsizings, and uprisings that can happen in large organizations, he decided being a financial advisor would be a good way to give himself more control, and flexibility of his time.