Brokers and financial advisors looking to make more money and have more control over the type of clients they serve and the investments they recommend continued to flood the independent channel at a swift pace in 2010, according to a new Broker and Advisor Sentiment Index survey conducted on behalf of Fidelity Investments.

Whether it was to set up their own shop, join another RIA or sign on with an independent broker-dealer, 56% of the 1,046 investment professionals queried said the independent model has become more attractive in today's economic climate and 70% expect independent advisors and brokers will make more money in the next year and a half.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access