Returning To The Business - Fee-Only Best Bet?
Was a Financial Advisor for three years in the early 90's w/ Merrill. Contemplating a return as a fee only advisor. Where should I start? Edward Jones is hiring and have heard that Raymond James focuses on independents. Any advice is greatly appreciated.
If as you said you are contemplating a return as a Fee Only Advisors, you might wish to consider either:
A) Establishing your own RIA Firm
B) Joining an Existing RIA Firm as an Investment Advisor Representative (IAR).
There are of course pro's/con's of each (including the decision to go with a more traditional broker-dealer). Factors might include:
1. Ownership of client accounts
2. Payout Rate
I would be happy to speak with you on this subject. Whatever model you choose, best wishes to your success!