There are no specific regulatory or legal definitions of "Corporate RIA" or "Independent RIA."

Instead, we must rely on how the terms are commonly used in the marketplace.

Corporate RIA verbiage is most often used in reference to the RIA component of large broker/dealers, particularly independent broker/dealers.

Independent RIA verbiage is typically used in reference to owning your own RIA.

On this episode, I discuss not only these two definitions, but additional ways in which the verbiage is used, often in ways you should be cautious about.

Come take a listen!

P.S. Prefer video? You can find this entire series in video format on Youtube. Search for the TRANSITION TO RIA channel.

Show notes: https://TransitionToRIA.com/what-is-the-difference-between-a-corporate-ria-and-an-independent-ria/

About Host: Brad Wales is the founder of Transition To RIA, where he helps financial advisors understand everything there is to know about WHY and HOW to transition their practice to the Registered Investment Advisor (RIA) model. Brad has 20+ years of industry experience, including direct RIA related roles in Compliance, Finance and Business Development. He has an MBA and has held the 4, 7, 24, 63 & 65 licenses. The Transition To RIA website (TransitionToRIA.com) has a large catalog of free videos, articles, whitepapers, as well as other resources to help advisors understand the RIA model and how it would apply to their unique circumstances.