Why Leaving Feels Risky—But Isn’t

For many advisors, the idea of leaving a wirehouse can feel overwhelming. The steady paycheck, built‑in resources, and brand recognition of a large firm create a sense of security that’s hard to walk away from. Yet for those who take the leap, the rewards of independence often far outweigh the perceived risks.

Client Loyalty Runs Deeper Than the Brand

Rob Mooney, Managing Partner and CEO of Snowden Lane Partners, has guided numerous advisors through this transition. Again and again, he hears the same story: clients follow the advisor, not the firm. Relationships built on trust and personalized service are stronger than any corporate logo. When advisors move to an independent RIA, their clients stay because of the person guiding their financial journey—not the name on the business card.

Freedom to Serve on Your Own Terms

Independence grants advisors the power to design their own service models, set their own pricing, and choose investment options without corporate quotas or sales targets. This flexibility enables them to act entirely in their clients’ best interests, deepening trust and strengthening results.

More Control, More Reward

Without the limitations of a wirehouse structure, independent advisors often see greater job satisfaction and improved financial outcomes. They retain a larger share of their revenue, build equity in their own practice, and create long‑term value for both themselves and their clients.

The Common Regret: Not Doing It Sooner

According to Mooney, one of the most frequent reflections from advisors who’ve gone independent is simple: “I wish I’d done this years ago.” Beyond the financial upside, independence reignites passion and purpose—reminding advisors why they entered the profession in the first place.

These insights are inspired by the latest episode of Next Mile podcast featuring Rob Mooney, Managing Partner and CEO of Snowden Lane Partners. Dive deeper into this transformation and explore why more advisors are making the leap to independence. Listen to the full episode here and explore more articles in this series.