Episodes

Are you a financial advisor at a wirehouse (or W2 firm) currently? Are you considering moving your practice to one? There are fundamental differences in the business model of a wirehouse firm, and the RIA model. In the latest episode of my RIA explanatory series I explain these differences and how they impact you, and your clients. Topics include the differences in: Compensation Technology Compliance Real Estate TAMPs Come take a listen! Show notes: https://TransitionToRIA.com/how-doe...

Are you a financial advisor at a wirehouse (or W2 firm) currently? Are you considering moving your practice to one? There are fundamental differences in the business model of a wirehouse firm, and the RIA model. In the latest episode of my RIA explanatory series I explain these differences and how they impact you, and your clients. Topics include the differences in: Compensation Technology Compliance Real Estate TAMPs Come take a listen! Show notes: https://TransitionToRIA.com/how-doe...

Are you a financial advisor at a wirehouse (or W2 firm) currently? Are you considering moving your practice to one? There are fundamental differences in the business model of a wirehouse firm, and the RIA model. In the latest episode of my RIA explanatory series I explain these differences and how they impact you, and your clients. Topics include the differences in: Compensation Technology Compliance Real Estate TAMPs Come take a listen! Show notes: https://TransitionToRIA.com/how-doe...

At it's core, transitioning to the RIA model is simply an exercise in identifying what your current firm provides for you, and determining how to replicate those resources on your own. Technology is a key part of that. In the RIA model, the various technology solutions needed to run a modern day advisory practice, are brought together into a "tech stack". In the latest episode of my RIA explanatory series I explain, among other things: What a tech stack is. The types of solutions that make ...

At it's core, transitioning to the RIA model is simply an exercise in identifying what your current firm provides for you, and determining how to replicate those resources on your own. Technology is a key part of that. In the RIA model, the various technology solutions needed to run a modern day advisory practice, are brought together into a "tech stack". In the latest episode of my RIA explanatory series I explain, among other things: What a tech stack is. The types of solutions that make ...

At it's core, transitioning to the RIA model is simply an exercise in identifying what your current firm provides for you, and determining how to replicate those resources on your own. Technology is a key part of that. In the RIA model, the various technology solutions needed to run a modern day advisory practice, are brought together into a "tech stack". In the latest episode of my RIA explanatory series I explain, among other things: What a tech stack is. The types of solutions that make ...

Every Registered Investment Advisor is required to have a named Chief Compliance Officer (CCO). Whether you are thinking of starting your own RIA, or already have one and would prefer to outsource more of the compliance responsibilities, an outsourced CCO solution is worth considering. In the latest episode of my RIA Question & Answer series I am joined by Jeff Chapman of Dinsmore Compliance Services where we discuss, among other things: What compliance responsibilities do RIAs have in genera...

Every Registered Investment Advisor is required to have a named Chief Compliance Officer (CCO). Whether you are thinking of starting your own RIA, or already have one and would prefer to outsource more of the compliance responsibilities, an outsourced CCO solution is worth considering. In the latest episode of my RIA Question & Answer series I am joined by Jeff Chapman of Dinsmore Compliance Services where we discuss, among other things: What compliance responsibilities do RIAs have in genera...

Every Registered Investment Advisor is required to have a named Chief Compliance Officer (CCO). Whether you are thinking of starting your own RIA, or already have one and would prefer to outsource more of the compliance responsibilities, an outsourced CCO solution is worth considering. In the latest episode of my RIA Question & Answer series I am joined by Jeff Chapman of Dinsmore Compliance Services where we discuss, among other things: What compliance responsibilities do RIAs have in genera...

You’ve likely heard of a TAMP before, but what exactly is it? The definition of a Turnkey Asset Management Program has expanded to the point where one “TAMP” solution can vary significantly from another “TAMP” solution. So much so that some TAMPs arguably should no longer even call themselves a TAMP at all! Is a TAMP something you should consider for your practice? Are you already using a TAMP and don’t even realize it? In the latest episode of my RIA Question & Answer series I explain: Wha...

You’ve likely heard of a TAMP before, but what exactly is it? The definition of a Turnkey Asset Management Program has expanded to the point where one “TAMP” solution can vary significantly from another “TAMP” solution. So much so that some TAMPs arguably should no longer even call themselves a TAMP at all! Is a TAMP something you should consider for your practice? Are you already using a TAMP and don’t even realize it? In the latest episode of my RIA Question & Answer series I explain: Wha...

You’ve likely heard of a TAMP before, but what exactly is it? The definition of a Turnkey Asset Management Program has expanded to the point where one “TAMP” solution can vary significantly from another “TAMP” solution. So much so that some TAMPs arguably should no longer even call themselves a TAMP at all! Is a TAMP something you should consider for your practice? Are you already using a TAMP and don’t even realize it? In the latest episode of my RIA Question & Answer series I explain: Wha...

If at some point in the trajectory of your advisory practice you envision changing firms or affiliation models, it's important to understand what the Broker Protocol is. The Protocol For Broker Recruiting, as it is formally known, was started nearly 20 years ago by three firms seeking to reduce the litigation risk and costs of advisors changing firms. While the core protections remains the same, the number of participants and nuanced carve-outs to it, has significantly increased it's complexit...

If at some point in the trajectory of your advisory practice you envision changing firms or affiliation models, it's important to understand what the Broker Protocol is. The Protocol For Broker Recruiting, as it is formally known, was started nearly 20 years ago by three firms seeking to reduce the litigation risk and costs of advisors changing firms. While the core protections remains the same, the number of participants and nuanced carve-outs to it, has significantly increased it's complexit...

If at some point in the trajectory of your advisory practice you envision changing firms or affiliation models, it's important to understand what the Broker Protocol is. The Protocol For Broker Recruiting, as it is formally known, was started nearly 20 years ago by three firms seeking to reduce the litigation risk and costs of advisors changing firms. While the core protections remains the same, the number of participants and nuanced carve-outs to it, has significantly increased it's complexit...

Are you a financial advisor at a broker/dealer? Are you getting good value in return for the revenue you generate for your firm? If you don’t fully understand how much revenue advisors generate for broker/dealers in the first place, how would you know? There is a lot more to it than just payouts alone. In the first episode of the new year of my RIA question & answer series, I explain how broker/dealers generate their revenues. Come take a listen! Show notes: https://transitiontoria.com/how...

Are you a financial advisor at a broker/dealer? Are you getting good value in return for the revenue you generate for your firm? If you don’t fully understand how much revenue advisors generate for broker/dealers in the first place, how would you know? There is a lot more to it than just payouts alone. In the first episode of the new year of my RIA question & answer series, I explain how broker/dealers generate their revenues. Come take a listen! Show notes: https://transitiontoria.com/how...

Are you a financial advisor at a broker/dealer? Are you getting good value in return for the revenue you generate for your firm? If you don’t fully understand how much revenue advisors generate for broker/dealers in the first place, how would you know? There is a lot more to it than just payouts alone. In the first episode of the new year of my RIA question & answer series, I explain how broker/dealers generate their revenues. Come take a listen! Show notes: https://transitiontoria.com/how...

In a slight pivot to my normal format, in the most recent episode of my RIA Question & Answer series, I sat down with long time industry observer, Bob Veres and challenged him with 10 questions related to the future of the RIA model: 1) If you were standing in the front of a room of wirehouse advisors and one of them stood up and asked you what you thought of the RIA model, what would you say to them? 2) What will be a pretty normal thing in the RIA model 10 years from now that does not either...

In a slight pivot to my normal format, in the most recent episode of my RIA Question & Answer series, I sat down with long time industry observer, Bob Veres and challenged him with 10 questions related to the future of the RIA model: 1) If you were standing in the front of a room of wirehouse advisors and one of them stood up and asked you what you thought of the RIA model, what would you say to them? 2) What will be a pretty normal thing in the RIA model 10 years from now that does not either...

In a slight pivot to my normal format, in the most recent episode of my RIA Question & Answer series, I sat down with long time industry observer, Bob Veres and challenged him with 10 questions related to the future of the RIA model: 1) If you were standing in the front of a room of wirehouse advisors and one of them stood up and asked you what you thought of the RIA model, what would you say to them? 2) What will be a pretty normal thing in the RIA model 10 years from now that does not either...

There are more variables involved in choosing a custodial partner than most people realize. In the latest episode of my RIA explanatory series, I address 11 different variables you will want to consider before making such a decision. Some of the variables are table stakes, that you should expect from any potential custodial partner. Other variables are what differentiate one custodian's value proposition from another. Ultimately, each advisor situation is unique. What might be a good custodi...

There are more variables involved in choosing a custodial partner than most people realize. In the latest episode of my RIA explanatory series, I address 11 different variables you will want to consider before making such a decision. Some of the variables are table stakes, that you should expect from any potential custodial partner. Other variables are what differentiate one custodian's value proposition from another. Ultimately, each advisor situation is unique. What might be a good custodi...

There are more variables involved in choosing a custodial partner than most people realize. In the latest episode of my RIA explanatory series, I address 11 different variables you will want to consider before making such a decision. Some of the variables are table stakes, that you should expect from any potential custodial partner. Other variables are what differentiate one custodian's value proposition from another. Ultimately, each advisor situation is unique. What might be a good custodi...