Government shutdown has breakaway advisors cooling their heels

Written By Christina Diabo

ARTICLE SUMMARY

  • The federal budget shutdown has forced the SEC to operate with minimal staffing, pausing RIA-registration reviews and delaying new firm launches.

  • Advisors preparing to leave large firms face increased uncertainty as regulatory filings and client notifications are held up.

  • The trend toward advisor independence remains strong, with the shutdown viewed as a temporary obstacle rather than a structural barrier.

  • Industry voices suggest the shutdown underscores the advantages of smaller, more agile independent firms during regulatory disruptions.

READ THE COMPLETE ARTICLE
Christina Diabo
Next

No 401(k)? Build Your Own Retirement Savings