Summary: While most advisors dream about the freedom, flexibility and control of independence, many don’t make the move because of the perceived downside in the short-term economics. And while that may have been true in the past, it’s no longer the case. In this podcast, Mindy shares how there are now plenty of ways to monetize in the short-term for those who choose to go independent.<br> The reality today is that a variety of opportunities exist – with more seeming to be born each week – that help advisors make the leap to independence while still fulfilling their short-term economic needs.<br> <br> In this episode, Mindy discusses the pros and cons of several opportunities to solve for short-term financial requirements, including:<br> <br> * Taking a loan for startup capital.<br> * Selling equity in your firm to investors.<br> * Becoming quasi-independent or tucking into an already established firm.<br> <br> While short-term monetization is often a focal point, many advisors moving to the independent space do so to build an enterprise that will outlive them. As such, Mindy also shares 9 of the long-term benefits of independence—many of which also offer immediate yet long-lasting advantages.<br> <br> <br> <br> <br> <br> <br> <br> Related Resources<br> <a href="http://www.diamond-consultants.com/quasi-independence-super-sophisticated-boutique-model-taking-industry-storm/">Quasi-Independence: The Super-Sophisticated Boutique Model Taking the Industry by Storm</a><br> Even though some of the names may not be familiar yet, it’s the perfect option for advisors looking for more autonomy but unwilling to make the leap to full independence. <a href="http://www.diamond-consultants.com/quasi-independence-super-sophisticated-boutique-model-taking-industry-storm/">Read -></a><br> <br> <a href="http://www.diamond-consultants.com/tuck-ins-independence-advisors-dont-want-independent/">Tuck-ins: Independence for Advisors Who Don’t Want to be That Independent</a><br> For some advisors, giving up some control to gain additional freedom is the right path to independence. <a href="http://www.diamond-consultants.com/tuck-ins-independence-advisors-dont-want-independent/">Read -></a><br> <br> <a href="http://www.diamond-consultants.com/independence-enhanced/">Independence Enhanced</a><br> Going independent doesn’t have to mean going it alone. There are ways to find support, resources and community in the independent space. <a href="http://www.diamond-consultants.com/independence-enhanced/">Read -></a><br> <br> <br> <br> This podcast is also available on...<br> <a href="https://itunes.apple.com/us/podcast/mindy-diamond-on-independence-for-financial-advisors/id1305878240" target="_blank" rel="noopener noreferrer"></a> <a href="https://podcasts.google.com/feed/aHR0cHM6Ly93d3cuZGlhbW9uZC1jb25zdWx0YW50cy5jb20vZmVlZC9wb2RjYXN0Lw==" target="_blank" rel="nofollow noopener noreferrer"></a> <a href="https://www.youtube.com/playlist?list=PLKAolLWTGV8bpCuZIN4qW5-5JL9GknDG7" target="_blank" rel="noopener noreferrer"></a><br> <br> <br> <br> <a href="http://www.diamond-consultants.com/podcast-mindy-diamond-independence/">Browse other episodes in this podcast series...</a><br> <br>
