Considering going independent?

Establish your office

When you start your new firm, it's critical to have the right workspace for you, and for clients who may visit your office.

To start your new firm, you’ll first want to lease and furnish office space, and set up phone and Internet services. Then, you can address human resources and technology concerns.

Assess staffing needs

Depending on your needs, you may need to hire one or several professionals when you start your new business, which means you’ll have to:

  • Choose health and other benefits for you and your employees
  • Interview and hire staff

Select Technology Solutions

Custodians like Schwab Institutional can help you implement hardware and software, including:

  • Computers and servers
  • Portfolio management software
  • Trading software
  • Client contact management software