Is it better to work independently, or for a company?

Prepwise Answers › Category: Finance Careers › Is it better to work independently, or for a company?
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Career Dev Staff Staff asked 6 years ago

Such as being self employeed.

Career Dev Staff Staff replied 5 years ago

Like with any freelancing role, flexibility is increased, while stability is reduced. With an established firm, you may not be able to choose a client, but the chances are your workload will never be at risk. Becoming a successful wealth management consultant can take a long time on your own, and you should consider having some significant capital behind you before working independent of a company.

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0 Vote Up Vote Down
Career Dev Staff Staff answered 5 years ago

Like with any freelancing role, flexibility is increased, while stability is reduced. With an established firm, you may not be able to choose a client, but the chances are your workload will never be at risk. Becoming a successful wealth management consultant can take a long time on your own, and you should consider having some significant capital behind you before working independent of a company.