u/financeinquirerr

I’m 23 years old working at a small to medium ‘boutique firm’ that wants me to get my CFP this year and then by January of 2028 become a full on advisor and start building my own book. I would have full ownership of the relationships that I would build. The split with the firm regarding revenue would be about 50/50 until I start making enough to cover my own overhead then I would get about 70%.

One thing to keep in mind is they would give me about $2 million AUM with fees I can’t change and relationships I don’t own. This could potentially cause me to work more for little to no profit from this book. So it could be good or bad I’m not sure.

I am thinking about the opportunity cost of me just starting out now and building my own book and the potential clients I could have in year.

I am fully licensed. Should I go it alone or stay for a year?

I’m 23 years old working at a small to medium ‘boutique firm’ that wants me to get my CFP this year and then by January of 2028 become a full on advisor and start building my own book. I would have full ownership of the relationships that I would build. The split with the firm regarding revenue would be about 50/50 until I start making enough to cover my own overhead then I would get about 70%.

One thing to keep in mind is they would give me about $2 million AUM with fees I can’t change and relationships I don’t own. This could potentially cause me to work more for little to no profit from this book. So it could be good or bad I’m not sure.

I am thinking about the opportunity cost of me just starting out now and building my own book and the potential clients I could have in year.

I am fully licensed. Should I go it alone or stay for a year?

I’m pretty obsessed with the vibe that timber hearth gives off. It makes me want to live a nomadic lifestyle in an airstream with a guitar/banjo. I was wondering if there is a name for the same vibe it gives off and if there are any other subreddits related ?