Commonwealth Independent Advisor

Breaking Away from the Wirehouse: Pros and Cons

Posted by Commonwealth Financial Network

November 10, 2020 at 3:00 PM

When opportunities beckon, we often find ourselves faced with difficult choices. If you’re thinking about becoming an independent advisor, you’re dealing with one of the biggest planning decisions you’ll ever make for yourself. Although weighing the pros and cons may seem overwhelming, answering one question could be the key: do you want to be a business owner?

Read More

Topics: Practice Management

5 Signs It May Be Time to Break Away from the Wirehouse

Posted by Commonwealth Financial Network

November 10, 2020 at 3:00 PM

Is the grass greener in the independent channel? If you’re a wirehouse advisor today, it’s something you may find yourself wondering about more and more.

Read More

Topics: Practice Management

Telling Your Brand Story . . . For the First Time

Posted by Commonwealth Financial Network

November 10, 2020 at 3:00 PM

If you’re thinking about going independent or are ready to make the leap, there are a few important (and exciting!) steps to consider next. Of course, you might worry about losing name recognition after leaving the wirehouse. But just think about what you get to do now: create and tell your brand story for the first time. Why do you do what you do? Whom do you do it for? What support do you rely on from the new firm you’ve partnered with, and how does it help you better serve your clients and evolve as an advisor and business owner?

Read More

Topics: Practice Management

Financial Planning for Millennial Women: A Checklist for Financial Advisors

Posted by Anna Hays, JD, LLM

November 4, 2020 at 11:00 AM

Looking to position your firm for growth? Then focusing on financial planning for millennial women is a path you may want to explore.

Read More

Topics: Financial Planning

How to Talk to Your Clients About Student Loan Debt

Posted by Michael Baum, CFP®

October 28, 2020 at 11:00 AM

 

Student loan debt rose to $1.51 trillion last year, according to the Federal Reserve Bank of New York. For many clients, dealing with their share of this burden is a major planning concern.

Fortunately, many programs exist to help student borrowers with repayment. If you have clients who are managing student loans or have a family member who is doing so, they might welcome talking about the student loan relief solutions reviewed below. In particular, it’s important to remind clients that the relief provisions offered by the Coronavirus Aid, Relief, and Economic Security (CARES) Act are set to expire on December 31, 2020.

Read More

Topics: Education Planning

New Call-to-action
New Call-to-action

Follow Us