Transition To RIA Podcast

Transition To RIA Podcast


Q95 - Harder To Pick An RIA To Join Than A Broker-Dealer To Join?

November 28, 2023

You don’t choose which car to buy based on which dealership brand happens to be closest to where you live.


You don’t choose which house to buy based on which listing you happen to see first on Zillow.


The tail should never wag the dog.


Important decisions should be made based on the underlying variables, not based on which decision is logistically easier to make.


The same thing applies when picking what type of firm to transition your practice to.


In this episode, I explain why choosing a broker-dealer is always easier than choosing an RIA, but if you let the tail wag the dog, you get what you pay for.


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/why-is-it-harder-to-pick-an-ria-to-join-than-a-broker-dealer-to-join/


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.