As
an executive recruiter in the wealth management arena, I'm on
the phone day in and day out with advisors. They seem to
express the same concerns over and over again--the
conversations are very similar. Some advisors say they've
thought about what it would be like to "go independent"
because trends show that the financial landscape is changing
and those that don't consider it may wake-up in the next 10
years and realize they've been left behind. However, many
advisors believe it's too costly, too much of a hassle for
them and their clients, and quite honestly, they just don't
have the time to consider it.
On the other side, I also
deal with RIAs and firms that have already helped advisors "go
independent", so it is an attainable goal.
Invesco
Ltd., an independent global investment management firm,
confirms the movement to independence. According to a
research report they published titled,
The Invesco RIA
Research Series: Managing Risk in Today's Volatile
Market, "This movement is being driven by the need for
independence, a desire to provide holistic financial planning,
and a yearning to grow a practice without interference from
home offices...
continue reading...
Here's an interesting list of the top 25
financial blogs put together by Time Magazine. 
