The Independent W-2 Model - Revolutionary or Simply Independence Redefined?

Advisor Talk with Frank LaRosa · Jun 13, 2019 · 14m

The attraction of the independent business model for financial advisors is undeniable. Independence offers financial, operational, and lifestyle benefits that - even if an advisor is not ready to make a move - certainly has them thinking about it. For many advisors considering independence the questions become am I ready to and do I want to run my own business? This gray area has led to the rise of the Independent W-2 Model or Supported Independence, such as the one recently announced by LPL Financial, which offers the benefits of independence with the safety net of large firm operational…