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 complexity.

In the latest new episode of my RIA question & answer series, I explain what the Broker Protocol is and you how may be able to use it to your advantage.

Come take a listen!

Show notes: https://transitiontoria.com/what-is-the-broker-protocol

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.