Best place to work Independent?
18 RepliesJump to last post
quest capital, thrivent financial, PrimeAmerica, Waddell & Reed or any other suggestions???
[quote=brothaK]quest capital, thrivent financial, PrimeAmerica, Waddell & Reed or any other suggestions???[/quote]
None of the above.
From what I hear Raymond James is one of the best independants.
or how about another question,
which company would be the best to work for to be able to go part time as a financial advisor, with 0 aum :)
please no bashing hehehe
i only accept constructive critisism and an answer.
If i had to pick out of THOSE firms...WR, i know some good producers at thrivent though. You have to like to sell insurance.
You may want to look up "independent" before considering some of those you listed. If you are looking for true independence, Ray Jay, LPL, CommonWealth, NFP .... are all good firms. The AUM issue may trip you up if trying to get into those, so you may be limited.
looks to me that the best places to work independent with 0 aum is
WR, quest capital and maybe LPL and nfp, I couldnt find any info on their websites regarding if they wanted a set production level to be able to work for them.
commonwealth and rjfs wanted a good amount of production before entering with them
and Thrivent Financial: whats up with them? and the lutheren church thing they have got going?
same with primerica? is this for the minority investors or something? i dont get it?
Primerica is a pyramid scheme. Commonwealth requires $200k min and RJ $250k min (although both will consider those with less if they are joining an existing office). LPL has a min, but it is around $100k (if my memory serves me correctly). NFP has some issues. WR is not independent. Never heard of Quest.
Most independents will not entertain many who have $0 to bring with them.
which independents will? then what is up with WR? also please dont forget my other questions guys
Waddell & Reed is a W2-based BD. Independents are 1099s.
No idea who will let you. Good luck.
Don’t waste your time calling RayJay. They do not take people who want to work part time in the beginning stages of their career.
I'm pretty sure that you could work with most of the independents, just not as your own branch office. You could join a local office (if the Advisor is interested in expanding) and then build your own office when you meet the B/D's minimum qualifications.
Most of the Indy B/D's list their reps on their websites. Just start calling them or stopping into local offices, introducing yourself and see if they're int'd.