by Patrick M. Kelly | Feb 29, 2012 | Breakaway Brokers, Going Independent
I always find Managing Partner of Peak Advisor Alliance Steve Sanduski’s articles worth the read. If nothing else, he gets you thinking about your own business and how you can take it to the next level. The article below is no different; however I must say I never...
by Patrick M. Kelly | Sep 13, 2011 | Breakaway Brokers, Going Independent
[pullquote]there are more resources than ever to help independent financial advisors transition to the hybrid model[/pullquote] After looking at their options, more and more independent financial advisors are opting into the “hybrid” business model whereby they can...
by Patrick M. Kelly | Jul 5, 2011 | Going Independent
The Schwab Franchise issue popped up at TD Ameritrade’s 2011 Elite Advisor Summit’s opening session Q&A portion two weeks ago in Miami Beach. It seems that an advisor asked Tom Bradley (president of TD Ameritrade) and Fred Tomczyk (CEO) about Schwab’s plans to...
by Patrick M. Kelly | Jul 1, 2011 | Going Independent
It looks like Schwab is not wasting time in opening franchises with independent contractors. In fact, the San Francisco based broker is making five-year deals with dozens of financial advisors, and hopes to have between 5 and 10 opened by year’s end. According to...
by Patrick M. Kelly | Jun 17, 2011 | Breakaway Brokers, Going Independent
In its newly released white paper, “Options for Independence Tax and Succession Considerations,” Fidelity Investments says that over a 10-year period, RIAs could pocket a much as $21 million more in after-tax income than if they had stayed at a wirehouse. The...
by Patrick M. Kelly | May 10, 2011 | Going Independent
Last week 409 independent financial advisors gathered in Chandler, Arizona to attend the Peak Advisor Alliance Excell Meeting. At one session, Ron Carson of Carson Wealth Management asked the attendees how many ask for referrals at every opportunity....