Evaluating the Cost of Doing Business: Wirehouse Vs. Independence [Infographic]

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Commonwealth Staff

11.10.20 in Marketing & Practice Management

Marketing and Project Management

When thinking about leaving a wirehouse, the change in compensation will likely be a major factor in the decision.

But you may be wondering if increased payouts will offset the added costs. Check out these comparisons to help you evaluate whether independence is the right choice for you.

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Want to know more about valuing your practice? Read our guide, How to Command the Best Purchase Price for Your Business.

There are many things to consider beyond the financial aspects of starting your own firm. With the right plan and a solid support network, however, it could be a rewarding journey for both you and your clients.

Want to go independent? Subscribe to learn more about breaking away

This material is for educational purposes only and is not intended to provide specific advice.

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Hi, I'm Andrew, the managing principal in charge of business development. I can't wait to learn more about you and share our Commonwealth story.