July 1, 2026
Wealth management is quickly becoming a team sport, with more than half of financial advisors now working on teams, according to research firm Cerulli Associates. There is solid logic behind the trend. Teams enjoy the benefits of scale and having different members focus on specific responsibilities, which can help them grow faster than solo practices. But plenty of advisors happily continue to work on their own, often without even administrative support. For this week’s Barron’s Advisor Big Q, we asked these solo practitioners to share some of the pros and cons of how they work.
