What this is (and isn’t)

A myth-busting guide that addresses the most common assumptions about independence—what’s true, what’s outdated, and what depends on your model.

Note: This is educational and not legal advice. Treat it as a primer so you can ask better questions of counsel.

Key takeaways

• Myths persist because most advisors only see extreme examples.
• Independence can be simpler than expected when the operating model is designed well.
• Clients care about continuity and confidence more than firm logos.
• Support exists, but you must choose it intentionally.
• The hardest part is often the psychological shift, not the paperwork.

10 myths (sample)

• ‘My clients won’t follow me.’
• ‘I’ll lose access to everything.’
• ‘Compliance will crush me.’
• ‘It’s too expensive.’
• ‘I need to know everything before I start.’

Reality check

Most issues are solved by: the right model, the right support, and a disciplined transition plan.

Disclosure

RIA Confidential is an educational resource center. Nothing on this page is legal, tax, or compliance advice. Consult qualified legal and compliance professionals for guidance specific to your circumstances.