Unchecked growth of your RIA practice can cause a host of problems for both you and your clients. The smarter strategy is to nurture your expansion at a sustainable level. This foundational approach ensures your business will flourish through anything the future brings. The digital transformation is in full swing, and the rising cohort of [...]
Congratulations! You’ve decided to take the plunge and start a new journey as a breakaway advisor. This is an exciting time, but a busy one, with so many tasks ahead and decisions to make. It might seem complicated now, but you’re already well on your way to greater freedom and autonomy. You’ve chosen a path [...]
Mariner Platform Solutions is a platform for fee-based independent advisors that incorporates the best practices of top Mariner Wealth Advisors. The Mariner Platform Solutions platform provides independent advisors “access to in-house advisory solutions teams across tax, investments, insurance, retirement solutions, investment banking, business valuation, practice management and trust services,” all to allow advisors to take [...]
In an era of almost endless information, it’s important for financial advisors to find ways to stand out in the crowd. As an advisor, obtaining the right certification can do more than just allow you to compete, it can be a differentiator for clients who are looking to choose an advisor. However, for independent advisors, [...]
For independent investment advisor representatives, an RIA practice is an investment all its own. And just as with a client’s investment plan, when and how to sell an RIA can be a complicated decision, implicating your own long-term financial goals, your impressions of the current and projected market, and even your personal feelings about your [...]
Experienced financial advisors have a lot of options when it comes to shedding the restrictions and limitations of the wirehouse work environment. From regionals to hybrids to an RIA model, advisors have never had more options for breaking free of the wirehouse and going independent. Advisors who want to transition from the wirehouse to an [...]
The world of investment and financial advice has never been more complicated. Understanding the web of available licenses and credentials can help you to more effectively position yourself for a move to an independent advisor model, whether as a Registered Investment Advisor, RIA, or as an independent broker-dealer, or as a hybrid of both, with [...]
Going independent as a financial advisor is complicated — after all, you’re standing up an entirely new business from scratch. Creating a new RIA involves resolving a lot of thorny compliance questions, ensuring you have a client service plan in place, and creating seamless technology solutions that allow you to compete with bigger firms. As [...]
A big part of being a Registered Investment Advisor, or RIA, is ensuring that your business practices, technology solutions, communications with clients, and investment strategies comply with the myriad regulations that govern the financial services industry. Of those rules and regulations, none is more important than the fiduciary duty rule. Your fiduciary obligations are likely [...]
One of the great benefits of a career as a financial advisor is that there’s no set career path you need to follow. Depending on the credentialing and certification path you choose, you have a lot of options. From working for a large, full-service wirehouse, to working at a regional firm, to becoming an independent [...]
