Financial Advisor Industry Evolution: Different Structures

Imagine you need financial advice.

There are lots of different companies offering it.

Some are owned by the people who give the advice, like a group of friends.

Others are part of bigger networks that offer lots of services.

Some companies sell to larger groups called aggregators.

They own many small firms.

Some financial advisors also get money from investors.

Each way has good and bad points.

If you want to choose one, you should think about what matters most to you.

Like, do you want a personal experience or more services?