Financial advisors are starting to turn their backs on the idea of going independent and are instead favoring the benefits of working at wirehouses, according to a survey conducted by the Boston-based consultancy Aite Group.
The survey aimed to shed light on the movement of brokers across the wealth management industry by measuring brokers’ desire to leave their employers, as well as their “motivations, envisioned timeframe for breaking away, desired destination, and expected challenges.”
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