Why Become An Independent Advisor?
When you started your career as a financial advisor, did you have a clear vision of what you wanted your days to look like and how you wanted to serve your clients? After gaining experience and expanding your industry knowledge, did you clarify your goals and start passionately brainstorming ideas and services to take your business further and improve the lives of your clients? Now for the hard question: Are you able to carry out those dreams in your current role? If not, it might be time for you to take a leap of faith and become an independent advisor.
If the responsibility and risk of switching from a wirehouse to owning your own firm are both exciting and frightening to you, here are four reasons to consider going independent and how we can help you along the way.
1. You Have Great Ideas
Do you have creative and inspiring ideas for the specific niche of clients you want to serve or for how to gain more clients? While working for a wirehouse may provide you with structure and some level of security in your job, becoming independent gives you the flexibility to customize products, services, marketing, and systems to not only fit your personality but also address your clients’ needs. You know your clients better than the executives of your firm do, and you want to do what’s right for them. As an independent advisor, you are not pigeonholed into your role. While compliance is an issue regardless of where or how you work, our compliance solutions team focuses on “here’s how you can do that” rather than just saying “no.”
2. You Want To Harness The Power Of Technology
When you work for a wirehouse, you have access to the technology they offer, but this also limits you to what they offer. Technology is increasing and improving at a rapid rate, and you may be intrigued by how these tools can streamline your systems, keep you on track, and serve your clients. Freedom Wealth Alliance helps you use technology to take your business to the next level by aiming for total and seamless automation with the latest and most relevant technology for your peace of mind. By working with us as an independent advisor, you also gain access to flexible and customizable relationship tools for increased efficiency.
3. You Want To Be In Control Of Your Paycheck
Your firm likely takes a significant chunk of your earnings. On top of that, your earnings are also probably tied to selling products that offer you a commission. This can make you feel like you are between a rock and a hard place, trying to serve your clients while also providing for your family. Going independent allows you to retain payouts that can range from 85-92%, (1) and can even go higher based on production level and other factors. When it comes to earning top dollar on your business, independent is where it’s at. Not only can we help you monetize your business so you reap the financial rewards, but our competitive grid increases your payout the more you grow.
4. Freedom Is Calling Your Name
Do you want the flexibility and freedom of making your own way—of determining when, how, and where you work? You are your own boss, and becoming an independent advisor is your chance to redesign your life. And by working with Freedom Wealth Alliance, you have the freedom to be on your own without being alone.
What’s Holding You Back?
At Freedom Wealth Alliance, we understand both the restrictions and pressures of working for a wirehouse and the risks and fears of starting out on your own. That’s why we tailor our services to support advisors in their dreams of becoming independent and building a thriving business they are passionate about. We are here to handle administrative tasks, monetize your services, provide expansive product choices, and give you marketing support to bring the ideal clients to your doorstep. If your heart is beating faster as you read this, take the first step to being in control of your business and life and reaping the rewards of your hard work. Visit www.explorefreedomwealthalliance.com and contact us by emailing krozman@freedomwealthalliance.com or calling 262-798-7979.
About Freedom Wealth Alliance
Freedom Wealth Alliance is a Registered Investment Advisor providing a home and multiple affiliation options for financial advisors seeking business growth and/or succession planning, operational excellence, and turn-key placement. We created this firm to relieve your stress no matter the stage of your firm. We take the burden of running the business off your back, so you can spend your time doing what you do best and love the most. If that means spending more time with clients and prospects, you can. If that means spending more time with your family, just do it. Visit www.
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(1) https://www.ceteraadvisors.com/uploads/00/13/Wirehouse_Independent_Final.pdf