July 14, 2021

Q46 - How Do I Obtain E&O Insurance As An RIA?

35 minutes

This is episode #46 of the Transition To RIA question and answer series where I answer Registered Investment Advisor (RIA) related questions I get from advisors just like you. On today's episode I answer the question.....how do I obtain Errors & Omissions insurance ("E&O") as my own RIA?

Transitioning to the RIA model 30 years ago was hard. Transitioning to it today, not so hard.

However, the latter assumes you are familiar with the steps involved in how to do so.

As I frequently explain to advisors, there is a defined process for how to work through each of the steps involved.

In this episode, I am joined by expert Scott Shannon as we discuss how to obtain E&O insurance as your own RIA.

As with all of the processes involved in starting an RIA, obtaining E&O insurance does not have to be difficult. You simply need to understand how it works, and who the experts are that can assist you with it.

About Host: Brad Wales is the founder of Transition To RIA, where he helps financial advisors to learn and understand everything there is to know about WHY and HOW to transition their practice to the Registered Investment Advisor (RIA) model. Brad has nearly 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. On his website (TransitionToRIA.com) he has a large catalog of free videos, whitepapers, as well as other resources to help advisors fully understand the RIA model and how it would apply to their unique circumstances.

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