You want to transition your practice to the RIA model.

You are currently affiliated with a multi-channel firm. One of those options is their “RIA channel.”

Should you make the “internal” transition of your practice to it?

This question is more complicated than it seems:

• Are you sure you know what your firm is referring to when they say “RIA channel?” Firms use the same vernacular to refer to different models.
• Is an internal move to the channel even an option? (Spoiler: In some instances, it’s not!)
• Are you aware of how the internal option compares to external options available to you as well?

These are just some of the variables that should be part of your due diligence.

In this episode of the Transition To RIA question & answer series I clarify if and when it makes sense to consider an internal option.

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/should-i-transition-to-the-ria-channel-at-my-multi-channel-firm/

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.