With so much turbulence lately in the brokerage industry, many advisors may be thinking about their next move, including a switch to independence. Still, advisers who have spent their careers with a wirehouse or regional broker-dealer may wonder if the perceived risks outweigh the potential upside.
A recent TD Ameritrade Institutional survey found that among brokers considering a switch to the RIA model there are three main fear factors that keep them pulling the trigger: financial uncertainty, business operation risks and the potential for losing clients.
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