Questions

If you like anal sex with no lube by all means go to cetera.  They have like 3 sides to the broker dealer side.  One for institutions (banks), one for regular financial advisors, one for the CPAs that want to be adviusors.  My only experience is with Cetera financial specialist which is the cpa side.

when I first got on I was outraged at the limited managed accounts options we had.  I think it has gotten better cause I haven't been with them in a while.  At the time the only one where the advisor had some say was the MWA program. The program was .45 which is fucking nuts on top of that they weren't offering institutional share classes offered for the managed account.  They where using A shares and taking the 12b-1 for the firm.  So the realty of this was the firm was making .7 per managed account.  The funny thing the other subsidiaries of cetera broker dealer where getting charge like .35 instead. They where purposely fucking the cpas over.  They winded up getting sanctioned by finra for the 12b-1 thing. 

I spit my nightcap at reading this. Thank you, I needed a good kick in the ass.

Made calls to three other advisors that made this jump. Two recommend the corporate RIA hybrid channel from what they know of me already. One suggested not moving yet with the COVID stuff in the air.

Most future business will go advisory. These advisors tell me to keep the hybrid flexibility.

I take B24’s point well, and believe the corporate support really is needed for where I’m at. I want the training wheels off, but am not ready to speed down the road. 

Does that make sense?

If you are under LPL's corporate RIA, then it isn't really your RIA.

Alternatively, you can put your brokerage at PKS and own your own RIA for advisory.  PKS will leave the RIA alone and not charge a haircut on your advisory business.

I was talking to this "Wet Blanket" fellow.