Advisorheads Homepage
Forum Home Forum Home > Introductions > Greenhorn Introductions
  New Posts New Posts RSS Feed - New
  FAQ FAQ  Forum Search   Events   Register Register  Login Login

New

 Post Reply Post Reply
Author
Message
Ghost View Drop Down
Greenhorns
Greenhorns


Joined: Oct/04/2018
Location: PA
Status: Offline
Points: 15
Post Options Post Options   Thanks (0) Thanks(0)   Quote Ghost Quote  Post ReplyReply Direct Link To This Post Topic: New
    Posted: Oct/04/2018 at 9:45pm
I am in the industry and licensed a little under three years. I am thinking about going independent and am asking for advice so I don't do something I'll regret.

I called Schwab and I don't meet their 15 million minimum for fee accounts. I have 20 million total and 10 million in fee accounts. LPL was interested and said they could help. I called that recruiter and she said I am a good candidate.

What do you think?
Back to Top
missionshooter View Drop Down
Senior Member
Senior Member
Avatar

Joined: Feb/12/2014
Status: Offline
Points: 6136
Post Options Post Options   Thanks (0) Thanks(0)   Quote missionshooter Quote  Post ReplyReply Direct Link To This Post Posted: Oct/04/2018 at 9:58pm
Where u located
Back to Top
Ghost View Drop Down
Greenhorns
Greenhorns


Joined: Oct/04/2018
Location: PA
Status: Offline
Points: 15
Post Options Post Options   Thanks (0) Thanks(0)   Quote Ghost Quote  Post ReplyReply Direct Link To This Post Posted: Oct/04/2018 at 10:02pm
PA

Why does that matter
Back to Top
B24 View Drop Down
Moderator
Moderator
Avatar

Joined: Mar/09/2010
Status: Offline
Points: 25761
Post Options Post Options   Thanks (0) Thanks(0)   Quote B24 Quote  Post ReplyReply Direct Link To This Post Posted: Oct/04/2018 at 10:15pm
You'll regret LPL.
"If Bellicheat pulls that rabbit out of his a$$ with this kid at quarterback, I'll personally kiss his ring." - Sporsfreak, 09/20/16

"Jags/Vikes Super Bowl. Write it down" - Sportsfreak 01/19/18
Back to Top
Ghost View Drop Down
Greenhorns
Greenhorns


Joined: Oct/04/2018
Location: PA
Status: Offline
Points: 15
Post Options Post Options   Thanks (0) Thanks(0)   Quote Ghost Quote  Post ReplyReply Direct Link To This Post Posted: Oct/04/2018 at 10:22pm
LPL offered like 40 percent on my trail 12 months to come over. Is there another firm i should look at? I'd prefer to be pure RIA.
Back to Top
Hacksaw View Drop Down
Platinum Member
Platinum Member
Avatar

Joined: Mar/27/2010
Status: Offline
Points: 31487
Post Options Post Options   Thanks (0) Thanks(0)   Quote Hacksaw Quote  Post ReplyReply Direct Link To This Post Posted: Oct/05/2018 at 7:49am
Why do you want to move from where you are?
Back to Top
advisorman View Drop Down
Senior Member
Senior Member
Avatar

Joined: Oct/22/2011
Location: Behind you
Status: Offline
Points: 4246
Post Options Post Options   Thanks (0) Thanks(0)   Quote advisorman Quote  Post ReplyReply Direct Link To This Post Posted: Oct/05/2018 at 8:55am
Cambridge for your size...t-12?
King of sarcasm and speling
Back to Top
B24 View Drop Down
Moderator
Moderator
Avatar

Joined: Mar/09/2010
Status: Offline
Points: 25761
Post Options Post Options   Thanks (0) Thanks(0)   Quote B24 Quote  Post ReplyReply Direct Link To This Post Posted: Oct/05/2018 at 9:07am
Originally posted by Ghost Ghost wrote:

LPL offered like 40 percent on my trail 12 months to come over. Is there another firm i should look at? I'd prefer to be pure RIA.

Don't fucking do it. You'll make up that 40 percent in a few years with a higher payout as RIA. Keep in mind, even if LPL tells you a 90% payout, it's not 90%. For you, it will be more like 75-80% after all the bullshit fees (program fees, ticket charges, tech fees, higher E&O, etc.).

Look at TDA if you want to go RIA and get in under the asset threshold.
"If Bellicheat pulls that rabbit out of his a$$ with this kid at quarterback, I'll personally kiss his ring." - Sporsfreak, 09/20/16

"Jags/Vikes Super Bowl. Write it down" - Sportsfreak 01/19/18
Back to Top
Ghost View Drop Down
Greenhorns
Greenhorns


Joined: Oct/04/2018
Location: PA
Status: Offline
Points: 15
Post Options Post Options   Thanks (0) Thanks(0)   Quote Ghost Quote  Post ReplyReply Direct Link To This Post Posted: Oct/05/2018 at 8:48pm
Thanks. So how do I go RIA and take assets with me, and what company should I use for where I'm at.
Back to Top
Guests View Drop Down
Guest Group
Guest Group
Post Options Post Options   Thanks (0) Thanks(0)   Quote Guests Quote  Post ReplyReply Direct Link To This Post Posted: Oct/05/2018 at 9:44pm
Oh boy....
Back to Top
luvindy View Drop Down
Moderator
Moderator
Avatar

Joined: May/17/2010
Status: Offline
Points: 25773
Post Options Post Options   Thanks (0) Thanks(0)   Quote luvindy Quote  Post ReplyReply Direct Link To This Post Posted: Oct/05/2018 at 11:48pm
I love this thread.
8/31/12,Sportsfreak:
"If Barak wins this election, or appears to be clearly winning, we are all fucked. Market will tank big time."
Dow 13,090 S&P 1406
5/23/13 UC:Dow 20k before 20% crrectn Dow 15,
Back to Top
Ghost View Drop Down
Greenhorns
Greenhorns


Joined: Oct/04/2018
Location: PA
Status: Offline
Points: 15
Post Options Post Options   Thanks (0) Thanks(0)   Quote Ghost Quote  Post ReplyReply Direct Link To This Post Posted: Oct/06/2018 at 12:06am
glad you're entertained. My boyfriend said to call other people in my area to find out what they did but I don't want my company to find out. if you want i'll pay for your help. I don't know who to trust.
Back to Top
luvindy View Drop Down
Moderator
Moderator
Avatar

Joined: May/17/2010
Status: Offline
Points: 25773
Post Options Post Options   Thanks (0) Thanks(0)   Quote luvindy Quote  Post ReplyReply Direct Link To This Post Posted: Oct/06/2018 at 1:39am
Game changer.
8/31/12,Sportsfreak:
"If Barak wins this election, or appears to be clearly winning, we are all fucked. Market will tank big time."
Dow 13,090 S&P 1406
5/23/13 UC:Dow 20k before 20% crrectn Dow 15,
Back to Top
Hacksaw View Drop Down
Platinum Member
Platinum Member
Avatar

Joined: Mar/27/2010
Status: Offline
Points: 31487
Post Options Post Options   Thanks (0) Thanks(0)   Quote Hacksaw Quote  Post ReplyReply Direct Link To This Post Posted: Oct/06/2018 at 8:38am
Originally posted by Hacksaw Hacksaw wrote:

Why do you want to move from where you are?


Ahem...
Back to Top
B24 View Drop Down
Moderator
Moderator
Avatar

Joined: Mar/09/2010
Status: Offline
Points: 25761
Post Options Post Options   Thanks (0) Thanks(0)   Quote B24 Quote  Post ReplyReply Direct Link To This Post Posted: Oct/06/2018 at 9:28am
Troll
"If Bellicheat pulls that rabbit out of his a$$ with this kid at quarterback, I'll personally kiss his ring." - Sporsfreak, 09/20/16

"Jags/Vikes Super Bowl. Write it down" - Sportsfreak 01/19/18
Back to Top
Ghost View Drop Down
Greenhorns
Greenhorns


Joined: Oct/04/2018
Location: PA
Status: Offline
Points: 15
Post Options Post Options   Thanks (0) Thanks(0)   Quote Ghost Quote  Post ReplyReply Direct Link To This Post Posted: Oct/06/2018 at 3:08pm
I gave it a couple days and haven't heard much.
Thanks anyway.
Back to Top
 Post Reply Post Reply
  Share Topic   

Forum Jump Forum Permissions View Drop Down

Forum Software by Web Wiz Forums® version 12.03
Copyright ©2001-2019 Web Wiz Ltd.

This page was generated in 0.109 seconds.