This article explains how Registered Investment Advisors can communicate effectively with clients when transitioning to independence. It outlines best practices, compliance requirements, and common pitfalls during advisor transitions. Advisors will find a step-by-step approach and strategies to keep client trust throughout the process.
What is the difference between an RIA and an IAR?
This article outlines the difference between Registered Investment Advisors (RIAs) and Investment Adviser Representatives (IARs), clarifying how each operates within the advisory structure. It covers registration, regulatory obligations, and how these roles affect firm structure and compliance responsibilities. Advisors will learn how to distinguish between these two essential components of the RIA model.
Do I need to register with the SEC or with my state?
This article explains whether prospective Registered Investment Advisors should register with the SEC or with their state, outlining the main thresholds, exceptions, and decision frameworks. It provides practical guidance, a clear comparison, and next steps for advisors researching registration requirements.
Why should I consider starting my own RIA?
This article outlines the reasons advisors consider launching their own Registered Investment Advisor (RIA) firm, weighing autonomy, regulatory realities, and business ownership. It explores core decision points, operational complexity, and the challenges and opportunities that come with the RIA model. Advisors can use this guide to assess whether becoming an independent RIA aligns with their goals and risk profile.
How do I logistically setup an RIA?
This article provides a comprehensive framework for advisors evaluating how to set up an RIA, addressing registration, structure, compliance, and operational realities. It details essential decisions, practical tradeoffs, and actionable steps to establish a compliant and functional RIA.
How much do I keep as an RIA vs BD?
This article explains the financial differences between compensation as an independent Registered Investment Advisor (RIA) and as an advisor working with a broker-dealer (BD). It covers payout structures, cost responsibilities, compliance obligations, and profitability tradeoffs to help advisors evaluate the economics of greater independence. The analysis highlights what advisors can realistically expect to keep under each model and factors that influence net take-home pay.
