Would you leave a steady salary to go indi and why? Also, would you make the move without having some money saved? Your sincere thoughts please 😊

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I personally would not because I just want to be an advisor to my clients, and not a business owner where I need to worry about office space, technology, staffing…etc. also, if you do decide to go Indy, you better be sure you have the network and the skills to bring in clients. most people who are sure about those things usually have been in the industry for a while and likely is making a good living already and have a good amount saved. I am not saying you can’t go Indy early in your career, but it’s just much harder and riskier.

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I appreciate your inputs. You have given me both sides of the starting point based on how you see yourself in the advising business. In my own eyes, I rather be my own boss. I think for you to be successful, regardless of the structure, is about putting the energy, a clear path on your plan, be likable and a genuine desire to help people and enjoy it while you do it. I respect the FAs who decide to stay as just an FA to their clients but I can't no longer be under nobodies schedule, rules and their miserable commissions. I would like to run my own practice my way, learn from experieced ones, have a strong support and the right credentials. There are a couple of firms out there where you can be your own and deliver solutions through their platforms: NYL, NM, MS, etc. They do the marketing and digital resources for you. That's how I see myself. I know it will be hard and tough sometimes, but worth it.

It depends on who you are.
If you want to control everything, and love marketing, then go for it.
Personally I hate marketing and I found a firm that does that for me.
You need a clear vision of you king term, then find the set up that gives you that.

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