Financial advisors face the critical decision of whether to start their own Registered Investment Advisor (RIA) firms. Founder of Transition to RIA, Brad Wales, who has assisted hundreds of advisors in this transition over his 25-year career, discusses the major factors to consider. The conversation covers the biggest pain points, economic realities, and flexibility issues that drive advisors to seek independence. Brad also delves into different paths to the RIA model, the impact of asset levels, and the anticipated timeline for becoming an RIA, providing a comprehensive guide for advisors contemplating this significant move.
Watch on YouTube: https://www.youtube.com/watch?v=KZYFBOuYe7g
