Greatest Hits - RIA 101 With Vince Leto

08/01/24 • 40 min

Advisor Talk with Frank LaRosa

Today’s show highlights include:

*An overview of common misconceptions of RIAs that advisors have when they want to create one.

*What the nationwide trend of more advisors wanting independence means for the RIA space as a whole.

*The difference between a state registered RIA and an SEC registered RIA.

*What an advisor really means when they say “I want to go RIA”.

*The differences between an RIA and a Hybrid RIA.

Join Frank and Vince as they demystify the journey to becoming an RIA while exploring the growing demand for advisor independence. Through this episode, you’ll gain valuable insights into what it truly means for an advisor to embrace the RIA model and understand the nuances between different RIA structures.

Today’s show highlights include:

*An overview of common misconceptions of RIAs that advisors have when they want to create one.

*What the nationwide trend of more advisors wanting independence means for the RIA space as a whole.

*The difference between a state registered RIA and an SEC registered RIA.

*What an advisor really means when they say “I want to go RIA”.

*The differences between an RIA and a Hybrid RIA.

Previous Episode

Strategic Moves: Embracing Transition Deals in Today's Market

Today's show highlights include:

Understanding the narrow differences among top broker-dealers in today’s market.

Why embracing transition money can be a strategic move when switching firms.

The rationale behind the larger transition deals being offered now more than ever.

How to balance culture, technology, compliance, and economics when making a move.

Frank and Stacey both bring their extensive industry experience to the table, offering valuable insights into the current state of broker-dealer transitions. They discuss the slim disparities among traditional top broker-dealers and why firms are currently offering unprecedented amounts of transition money. This episode highlights the importance of not being bashful about the economic factors in your decision, especially when it can lead to life-changing opportunities.

Join Frank and Stacey as they provide a comprehensive overview of the key considerations advisors must weigh when deciding to transition to a new firm. This episode offers a blend of strategic advice and industry insights, making it a must-listen for any advisor thinking about making a move.

Next Episode

Greatest Hits - Amidst Acquisition Chaos

Today’s show highlights include:

*The impact of ongoing acquisitions on independent financial advisors' sense of control over their businesses.

*Strategies and advice for advisors feeling disempowered by decisions made for their businesses.

*Recognition of the enduring value and strengths of smaller independent firms amidst the acquisition trend.

*Essential questions advisors must answer objectively before considering a move.

*The critical importance of removing emotional influences from decision-making during the transition process.

Today’s conversation between Frank and Stacey offers a comprehensive exploration of the challenges and opportunities facing independent financial advisors amidst a landscape marked by widespread acquisition activity. Through their insights, listeners gain invaluable strategies for maintaining control over their businesses, navigating the complexities of acquisitions, and making informed decisions to safeguard their independence. With practical advice and actionable takeaways, this episode equips advisors with the tools they need to thrive in an evolving industry landscape, empowering them to secure their autonomy and drive their businesses forward with confidence.