How difficult is a transition to the RIA model?

It’s difficult enough that some advisors and teams can never bring themselves to cross the bridge.

Whereas other advisors and teams learn how to navigate the process, and successfully do so.

There are nonetheless still “difficult” parts to a transition:

• Overcoming the uncertainty of a model you’re not yet familiar with. (This is solved through education.)
• The workload involved with putting all the pieces into place, particularly down the stretch as the transition nears.
• The sprint to move your clients post-launch.

In this episode (#125) of the Transition To RIA question & answer series I explain how to successfully navigate these “difficult” steps.

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/how-difficult-is-a-transition-to-the-ria-model/

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.