Competitive Payouts @ Securities America Wirehouse AdvisorDetermining whether or not to leave your 'capture' wirehouse environment can be a daunting task. Questions like, 'Will I make enough money to go independent?' and 'How will I get experienced support if I leave?' may be racing through your head. Let's debunk a couple myths.
Myth #1: I won't make enough money if I go independent to run my own practice.
Fact: Although you will need to crunch the numbers, chances are that when you total up the expenses you would incur against the higher percentage in payout, you're likely to find that your net profits are indeed much better as an independent. In a wirehouse environment, it may not seem like it, but you are paying for all the business overhead expenses - that cost deduction is simply reflected in your payout.
Myth #2: I've heard the level of client service provided by a broker/dealer isn't very high.
Fact: While this may be the case with some smaller independent broker/dealers, at Securities America we focus on providing extraordinary service and support to advisors and their clients. As one of the nation's largest independent broker/dealers, we have over 400 employees and multiple proven processes in place to ensure you and your clients receive reliable, consistent and friendly service each and every day. |
