Commonwealth Financial Network Announces New Advisor Affiliation Models: You Can Be A Fee-Only RIA And Leverage The BD's Services Hot

According to a press release, the BD will now let you elverage Commonwealth's "fully integrated technology, practice management consulting, research, compliance support, and indispensable service."

While I don't see established RIAs and IA reps moving into an arrangement like this, it could be a smart way for BDs to keep a relationship with an advisor transitioning to a fee-only business model. What do you think?

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