Going independent

Northwestern Mutual’s practices raise difficult questions about the nature of retail advice just as wealth management faces greater scrutiny under new rules.

After 30 years in the wirehouse world, we found an unlooked-for opportunity for our practice amid devastation.

Billion-dollar teams are voting with their feet. Here’s where they are going.

After logging 27 years at the firm, the advisor is starting his “next 25-year chapter” as an independent.

LPL has reeled in about half of the reps changing their BDs so far this year, but the full RIA channel is also reaping big gains. Plus, other news in the indie space.

The 30-year industry vet launched a firm on the Dynasty platform citing better technology and “freedom” as reason for the move.

Everything from compliance to admin work is part of the job, and advisors have to “figure this out by themselves or find a third party,” a planner says.

A former craft brewer and an ex-rugby star went indie with Gladstone Financial Resources Group.

Advisors typically take most of their clients with them when they go independent, but not all of them do.

“I’d say independence is resonating with advisors now more than ever,” says recruiter Jodie Papike.