I know I want to go independent and even though I have been successful that vast majority of my net worth is in qualified accounts or company stock (which I will lose when I leave).

like
Posting as :
works at
You are currently posting as works at

Andy tips or tricks to help me survive for the first 18 months or so financially

Get nonqualified money saved first

I stacked up NQ funds over the past few years for this very reason. Paid a boat load of taxes, but feel good about having a good chunk of NQ funds if I need it.

You can contact the SBA for a loan. Or you could use a form of private placement. This involves rolling your 401k into your new companies retirement fund. Then buy “stock” of your own company and basically “loan” yourself the money.

Related Posts

How people are getting 10-15 LPA with 2yoe? I have a package of 3.6 CTC.

like

9 years of digital strategy consulting anyone willing to chat about their role and different functions? Trying to see if it’s a good fit for me. - nyc based if that matters

like

Hey guys .. would like to know if anyone has joined with non compete clause with previous employer?

Please dm me..

Does the store you work for close on major holidays?

like

Is remote work is still going on KPMG for Pune location employees??

like

Have my first ever zoom date today, looking for outfit ideas! So confused 🤷🏽‍♀️

like

Ladies would you purchase a home with a boyfriend or would you rather get married first?

like

What is the salary range for servicenow consultants with 7 years of experience.

like

Guys, I got retained for 14 LPA from 9.5 LPA 1.5 yrs back..I'm now receiving offers for 20 and above. Is there any way my pakage can be raised with my current job itself(work environment here is good)?? Not sure if dropping papers and getting retained will give a nad impression on me..is there any fair way of increasing my package.

like

Looking for Job opportunities as product owner

like

Hi guys,

I have been trying for a job change since last month. However as my NP is 3 months, hardly anyone reaches out. Any advice will be appreciated.

YOE- 3+
TECH STACK- Reactjs+ROR+AWS

Some fun post:

Have you ever dated your big 4 colleagues?
How was the experience?

like

Python is a very popular programming language. But there aren't many python jobs in the market?

like

Hi fishes, I've 7.5 YOE as a Sr. BA, have offers from Capgemini (15Lpa ) and Cybage (17Lpa) Which one should I go for as I'm unaware of work culture of both of these. Cybage Software Private Limited Cybage Capgemini

like
like
like

Are all OHG agencies going to a hoteling model or is it just us?

like

Additional Posts in Financial Advisors

Anyone use a Mac for work? Can it handle Excel and PPT?

likehelpful

Anyone have the CTFA designation?

like

I am all for giving back but some people cannot afford to. One client has 1m in an IRA with no other liquid assets + 80k credit card debt. Called today wanting 70k for home improvements.

like

The son of a friend is an advisor and is giving up. He has approached me about taking over his book, evidently only about $1.5M.What would be a fair amount to pay for this?

like

Any good book recommendations? Would prefer if applicable to the business or self development. But doesn’t have to be.

like

Any suggestions on resources to improve communication, specifically verbal? Books, podcasts, YouTube channels, etc. Got some feedback that I need to improve my ability to 'speak to my audience'.

like

What's the effect of this tax bill on us? No more deduction for unreimbursed business expenses?

like

Anyone have any suggestions on a RIA-Friendly custodian for 529 Plans? TD Ameritrade has an affiliation w the Nebraska Educational Savings Plan Trust (NEST). Has anyone had any experience with them?

like

And finally I can sleep better for 4 days! Happy thanks giving to me! 😊🍺

like

Anyone else completely despise having to “juggle” so many different tasks at once? I’m not here to be a friggin juggler I want to be an advisor!!!

like

Any Senior FAs looking for an experienced Junior FA? NYC/LI Area.

like

Tfw you've been to gym, done laundry and put ribs in to slow cook by 9.30am

like

How do you separate work from your personal life? I struggle with being the perfect advisor to my clients and then having time to enjoy my life.

like

Can some of you experienced folk recommend some good books for rookies? What are your favorites for investment strategies, marketing, selling, etc.?

like

Your best strategies for getting business...Not looking for a silver bullet. I am interested in best practices that I might adopt.

like

There is a special place in hell for people who merge cells and add spacer columns.

like

Anyone else write down short-term and long-term life goals? I've been doing it for the past several years, and it's actually helped a lot.

like

How do you sign your emails? Close with �Best�? �regards�, etc.?

like

Edward Jones advisor with 30 million AUM and roughly 250k gross production. Been there for almost 4 years. Got an offer at Merrill Lynch to take over a 100 million dollar retirement transition plan in 5 years, or to join a 5 person Merrill Lynch team that manages a lot.

Pros to EJ: Have my own office, a year or two away from partnership, great office setting and client satisfaction.

Pros to Merrill: Bump in compensation, additional tools and services w banking, ability to take over assets.

likehelpful

Does anyone know the starting salary for Premier Banker at Wells Fargo @?

likehelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal