Summary:According to the latest research by Cerulli Associates, about 35 percent of advisors say they’d join an existing RIA as a principle or partial owner and 18 percent said they would consider joining an existing RIA as an employee.
 Many advisors when they break away think that starting their own company sounds fantastic. But once they start to take a harder look at it and realize they have to go sign a lease, buy a copier and fix the copier when it’s jammed, they realize being an entrepreneur may not be as attractive as they thought,”David DeVoe, Founder, DeVoe.and Company |
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