--- title: Commonwealth Guide to Independence | Resources description: Explore the Commonsense Guide to Independence by topic. --- [![blue lockup](https://learn.commonwealth.com/hubfs/BLC/Logos/blue%20lockup.svg)](https://www.commonwealth.com/) - Your Journey - [Breaking Away](https://learn.commonwealth.com/advisor-guide/independence/journey/breakaway) - [Researching Options](https://learn.commonwealth.com/advisor-guide/independence/journey/research) - [Choosing a Partner Firm](https://learn.commonwealth.com/advisor-guide/independence/journey/firm-partner) - [Opening Your Doors](https://learn.commonwealth.com/advisor-guide/independence/journey/launch) - [Growing Your Business](https://learn.commonwealth.com/advisor-guide/independence/journey/business) - Key Topics - [The Economics of Independence](https://learn.commonwealth.com/advisor-guide/independence/key-topics/economics) - [The Client Experience](https://learn.commonwealth.com/advisor-guide/independence/key-topics/clients) - [Transitioning Your Business](https://learn.commonwealth.com/advisor-guide/independence/key-topics/transition) - [Choosing the Right Firm Partner](https://learn.commonwealth.com/advisor-guide/independence/key-topics/firm-partner) - [Running Your Business](https://learn.commonwealth.com/advisor-guide/independence/key-topics/business-management) - [Marketing Your Business](https://learn.commonwealth.com/advisor-guide/independence/key-topics/marketing) - [Managing Your Risk](https://learn.commonwealth.com/advisor-guide/independence/key-topics/risk-management) - Your Toolbox - [Videos](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-video) - [Quizzes](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-quiz) - [Checklists](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-checklist) - [Guides](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-guide) - [All Resources](https://learn.commonwealth.com/advisor-guide/independence/resources) - [About Commonwealth](https://www.commonwealth.com/why-commonwealth/about-us) [Let's Connect](https://learn.commonwealth.com/advisor-guide/independence/contact-us) Close - Your Journey - [Breaking Away](https://learn.commonwealth.com/advisor-guide/independence/journey/breakaway) - [Researching Options](https://learn.commonwealth.com/advisor-guide/independence/journey/research) - [Choosing a Partner Firm](https://learn.commonwealth.com/advisor-guide/independence/journey/firm-partner) - [Opening Your Doors](https://learn.commonwealth.com/advisor-guide/independence/journey/launch) - [Growing Your Business](https://learn.commonwealth.com/advisor-guide/independence/journey/business) - Key Topics - [The Economics of Independence](https://learn.commonwealth.com/advisor-guide/independence/key-topics/economics) - [The Client Experience](https://learn.commonwealth.com/advisor-guide/independence/key-topics/clients) - [Transitioning Your Business](https://learn.commonwealth.com/advisor-guide/independence/key-topics/transition) - [Choosing the Right Firm Partner](https://learn.commonwealth.com/advisor-guide/independence/key-topics/firm-partner) - [Running Your Business](https://learn.commonwealth.com/advisor-guide/independence/key-topics/business-management) - [Marketing Your Business](https://learn.commonwealth.com/advisor-guide/independence/key-topics/marketing) - [Managing Your Risk](https://learn.commonwealth.com/advisor-guide/independence/key-topics/risk-management) - Your Toolbox - [Videos](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-video) - [Quizzes](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-quiz) - [Checklists](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-checklist) - [Guides](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-guide) - [All Resources](https://learn.commonwealth.com/advisor-guide/independence/resources) - [About Commonwealth](https://www.commonwealth.com/why-commonwealth/about-us) SEARCH [Let's Connect](https://learn.commonwealth.com/advisor-guide/independence/contact-us) ##### [Commonsense Guide to Independence](https://learn.commonwealth.com/advisor-guide/independence) - [Home](https://learn.commonwealth.com/advisor-guide/independence) - [Topics](https://learn.commonwealth.com/advisor-guide/independence/key-topics) - [The Economics of Independence](https://learn.commonwealth.com/advisor-guide/independence/key-topics/economics) ### The Economics of Independence Have you considered the cost of independence? Review these resources to learn how to set your fees, maintain your income, and more. ###### Browse Topics https://learn.commonwealth.com/advisor-guide/independence/key-topics/economics /advisor-guide/independence/key-topics/economics - The Economics of Independence https://learn.commonwealth.com/advisor-guide/independence/key-topics/clients /advisor-guide/independence/key-topics/economics - [The Client Experience](https://learn.commonwealth.com/advisor-guide/independence/key-topics/clients) https://learn.commonwealth.com/advisor-guide/independence/key-topics/transition /advisor-guide/independence/key-topics/economics - [Transitioning Your Business](https://learn.commonwealth.com/advisor-guide/independence/key-topics/transition) https://learn.commonwealth.com/advisor-guide/independence/key-topics/firm-partner /advisor-guide/independence/key-topics/economics - [Choosing the Right Firm Partner](https://learn.commonwealth.com/advisor-guide/independence/key-topics/firm-partner) https://learn.commonwealth.com/advisor-guide/independence/key-topics/business-management /advisor-guide/independence/key-topics/economics - [Running Your Business](https://learn.commonwealth.com/advisor-guide/independence/key-topics/business-management) https://learn.commonwealth.com/advisor-guide/independence/key-topics/marketing /advisor-guide/independence/key-topics/economics - [Marketing Your Business](https://learn.commonwealth.com/advisor-guide/independence/key-topics/marketing) https://learn.commonwealth.com/advisor-guide/independence/key-topics/risk-management /advisor-guide/independence/key-topics/economics - [Managing Your Risk](https://learn.commonwealth.com/advisor-guide/independence/key-topics/risk-management) {val=} [Type: Infographic](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-infographic) ### [Financial Snapshot: 4 Steps to Professionalize Your P&L Statement](https://learn.commonwealth.com/advisor-guide/independence/resources/professionalizing-your-pl) [Planning for your future as an independent financial advisor. If you're considering a transition from the wirehouse to the ...](https://learn.commonwealth.com/advisor-guide/independence/resources/professionalizing-your-pl) [Start Reading](https://learn.commonwealth.com/advisor-guide/independence/resources/professionalizing-your-pl) [Type: Checklist](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-checklist) ### [Breakaway Implications: The Impact Your Firm Partner Can Have On Efficiency](https://learn.commonwealth.com/advisor-guide/independence/resources/breakaway-implications-the-impact-your-firm-partner-can-have-on-efficiency) [You may think that going independent means having less time for client interactions—after all, you’ll have an office to run. ...](https://learn.commonwealth.com/advisor-guide/independence/resources/breakaway-implications-the-impact-your-firm-partner-can-have-on-efficiency) [Start Reading](https://learn.commonwealth.com/advisor-guide/independence/resources/breakaway-implications-the-impact-your-firm-partner-can-have-on-efficiency) [Type: Checklist](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-checklist) ### [From Startup to Growth: A Checklist for New Independent Advisors](https://learn.commonwealth.com/advisor-guide/independence/resources/from-startup-to-growth-a-checklist-for-new-independent-advisors) [Transitioning from employee to business owner is exciting, but—as you may be realizing quickly—it also comes with some new ...](https://learn.commonwealth.com/advisor-guide/independence/resources/from-startup-to-growth-a-checklist-for-new-independent-advisors) [Start Reading](https://learn.commonwealth.com/advisor-guide/independence/resources/from-startup-to-growth-a-checklist-for-new-independent-advisors) [Type: Video](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-video) ### [Driving Long-Term Growth](https://learn.commonwealth.com/advisor-guide/independence/resources/driving-long-term-growth) [While you're taking care of your clients and their needs, who's taking care of you?](https://learn.commonwealth.com/advisor-guide/independence/resources/driving-long-term-growth) [Start Watching](https://learn.commonwealth.com/advisor-guide/independence/resources/driving-long-term-growth) [Type: Video](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-video) ### [Understanding the Economics of Independence](https://learn.commonwealth.com/advisor-guide/independence/resources/understanding-the-economics-of-independence) [Evaluating the cost of independence is a key part of making the decision to break away from your wirehouse.](https://learn.commonwealth.com/advisor-guide/independence/resources/understanding-the-economics-of-independence) [Start Watching](https://learn.commonwealth.com/advisor-guide/independence/resources/understanding-the-economics-of-independence) [Type: Infographic](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-infographic) ### [How to Price Your Business](https://learn.commonwealth.com/advisor-guide/independence/resources/how-to-price-your-business) [The upside to leaving the wirehouse and becoming an independent financial advisor is that you have more control over your gross ...](https://learn.commonwealth.com/advisor-guide/independence/resources/how-to-price-your-business) [Start Reading](https://learn.commonwealth.com/advisor-guide/independence/resources/how-to-price-your-business) [Type: Infographic](https://learn.commonwealth.com/advisor-guide/independence/resources?ty=type-infographic) ### [Evaluating the Cost of Doing Business: Wirehouse Vs. Independence](https://learn.commonwealth.com/advisor-guide/independence/resources/evaluating-the-cost-of-doing-business-wirehouse-vs-independence) [When thinking about leaving a wirehouse, the change in compensation will likely be a major factor in the decision. But you may ...](https://learn.commonwealth.com/advisor-guide/independence/resources/evaluating-the-cost-of-doing-business-wirehouse-vs-independence) [Start Reading](https://learn.commonwealth.com/advisor-guide/independence/resources/evaluating-the-cost-of-doing-business-wirehouse-vs-independence) ### Connect with Us Tell us a little about yourself. 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