Q65 - Mistakes Financial Advisors Make When Transitioning To The RIA Model.

Transition To RIA Podcast · Jun 9, 2022 · 23m

An important role financial advisors perform for their clients is to help them avoid mistakes with their financial well-being.

Likewise, when advisors transition their practice to the RIA model, there are mistakes that should be avoided as well.

In the latest episode of my RIA question and answer series, I discuss five common mistakes to be aware of and to avoid:

Mistake #1 - You don’t obtain legal advice when breaking away.

Mistake #2 - You only consider one firm/model.

Mistake #3 - You don’t learn about the responsibilities of the RIA model.

Mistake #4 - You let the transition process take…