Becoming an Independent Financial Advisor
One of the biggest pitfalls Rob Bartenstein, CEO of Kestra Private Wealth Services sees for financial advisors starting their own business is not pursuing their existing clients enough during the transition. "As a departing advisor, you have to be prepared to share your vision, help clients understand what's in it for them, and diligently work to communicate," he says. To do this, "work with partners who have experience with moves like yours, from firms like yours, and who have a demonstrated track record of helping people succeed."
U.S. News & World Report, October 15, 2019