Schwab Study: Analyzing Financial Adviser Shifts to Independence

Advisors have an increasing number of options when it comes to going independent, thanks to a study by Charles Schwab Corporation. The desire to provide the best service to clients remains a primary reason for advisors to choose independence. According to the Supported Independence Study released by Charles Schwab, which surveyed advisors considering independence and those who have already made the move in the last four years, the ability to shape their own businesses is highly valued by both groups. The study also emphasized the importance of aligning personal values with business practices as a key motivator for seeking independence.