Summary
One big hurdle to going independent is giving up the large cash windfall that a wirehouse recruiting deal can yield. In this episode, I compared those two different paths for financial advisors looking at a practice transition.
In this episode you will learn....
- How to make an "apples-to-apples" comparision between a potential transition package and the financial benefits of independence
- Why a big, upfront check from a wirehouse is really only like getting a 12.5% per year payout increase
- How to be awesome....(obviously)
Other Notes/Links from the show:
- AdvisorHub.com
- HTGI OO1: Episode 1 of HTGI, where Sean discusses on his path to independence
Have questions about this episode or questions about going independent?
Shoot me an email at sean@indyFA.com
Also, check us out on Twitter: @HowToGoIndy and Facebook by clickingHERE.