FMO or No FMO when Starting???

Would you recommend using an FMO or similar type of company? Or flying completely solo? Please explain.

I'm going to concentrate on Senior business, mainly supps and MAPD. But would also like to be able to write life and annuity business when the opportunity presents itself.

What are some strong FMOs that are available? How much of a cut will they get of my business? How should I negotiate, etc? Is their knowledge and "pull" worth the cost? All advice is greatly appreciated.
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