What is best entity structure for financial advisors?

For advisors affiliated with a broker-dealer, using a formal entity structure like a limited liability company or corporation can be challenging since you are paid directly as the licensed professional.

But, as your book of business grows and you hire staff, sign a lease, and take on other business related liability, limiting your personal liability becomes increasingly important. In addition, using a more robust equity structure allows for a variety of other options that are helpful for succession planning and growth through acquisition.

“Your Guide to Proper Entity Structure” contains:

• a cheat sheet covering the main advantages and disadvantages of the most commonly selected entity types.
• a bonus checklist for best practices in using an entity in the financial services industry.

For entity formation services, please visit our Entity Support service for more information.