32 | CHART 19 ADVISOR DEMOGRAPHICS Nearly one in four respondents (22%) identified themselves as owners, while one in six (16%) are either managers or employees. Three out of five advisors tagged themselves as ICs. However, 19% of the advisors within the IC segment consider themselves as owners of their business. The subsequent analysis will corroborate that there’s a fair share of advisors who are recent entrants to the community, creating an excellent opportunity for suppliers to build relationships, brand themselves, and provide training. AGENCY/ADVISOR POSITION Owner Manager Employee Independent Contractor (IC) ICs who identify themselves as owner 22% 6% 10% 42% 19%