Commonwealth Independent Advisor

Evaluating the Cost of Doing Business: Wirehouse Vs. Independence [Infographic]

Posted by Commonwealth Financial Network

November 10, 2020 at 3:00 PM

When thinking about leaving a wirehouse, the change in compensation will likely be a major factor in the decision. But you may be wondering if increased payouts will offset the added costs. Check out these comparisons to help you evaluate whether independence is the right choice for you.

the cost of doing business

Want to know more about valuing your practice? Read our guide, How to Command the Best Purchase Price for Your Business.

There are many things to consider beyond the financial aspects of starting your own firm. With the right plan and a solid support network, however, it could be a rewarding journey for both you and your clients.

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Topics: Practice Management

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