 How and on what time frame can you monetize that [equity]?” is a key question to ask when going independent.”David Mrazik, Managing Director, MarketCounsel |
Brokers Answer the Entrepreneurial Call
Michael Wursthorn | Wall Street Journal, October 2015
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Summary: For financial advisers who launch their own independent practices, having equity is king. Those ownership stakes are very different from the shares many held in big securities firms that previously employed them. The private-company equity comes with big advantages but also risks.
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