Summary: While wirehouses have made progress in adopting more ethically sound business practices, these brokerages still have structural issues in letting their advisors work freely and openly. As a result, they are using their propaganda machines to convince advisors to stay put and not break away. Below are some of the most common myths we see wirehouse executives propagating.
 Advisors know they have other options. Indeed, a change in their business model can create increased opportunities to build stronger value for themselves, their families and their clients for years to come."Tmothy Welsh, president and founder, Nexus Strategy |
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