Whether in our personal or professional lives, most everything in life revolves around motivations.

• What motivates you to run your advisory practice as you do?
• What motivates you to pursue certain hobbies and passions?
• What motivates your kids to make the decisions they do?

When financial advisors and teams reach out to me to explore the RIA model, I typically start by asking what has motivated them to do so.

Having asked hundreds of advisors this question, the answers typically revolve around a desire for more flexibility with their practice, and/or better economics.

In this episode of the Transition To RIA question and answer series I provide examples of what the specific motivations often are.

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-motivates-advisors-to-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.

How long does a transition to the RIA model take?

The time needed is impacted by variables such as the circumstances of the advisor/team, which pathway into the model is chosen, etc.

It is complicated further due to certain steps in the process being out of the control of the advisor/team as to how fast they can be completed.

In this episode of the Transition To RIA question & answer series I address which steps in the process are the most time consuming.

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-most-time-consuming-part-of-transitioning-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.

There are several reasons advisors choose to join an existing RIA versus starting their own.

But that’s not the only decision to be made.

There are a wide variety of “flavors” of RIAs to then choose from.

Differing economics, flexibility, approach to branding, taxation, succession solutions, are just some of the many variables that can differentiate them.

But of all the options, which is the most popular?

In this episode of the Transition To RIA question & answer series I explain how these solutions are often differentiated…..and which is the most popular.

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-most-popular-type-of-ria-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.