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Q131 - What Is The Benefit Of Controlling Your Local Expenses As An RIA?
Being able to control your so-called “local expenses” as an RIA, or 1099 when joining an RIA, comes with additional responsibilities, but also significant benefits to match:
Only pay for the resources you actually use.
The ability to run as lean or extravagant of a practice as you wish.
Determine the composition of your team.
Benefit from controlling your local real estate footprint.
On this episode of the Transition To RIA question and answer series I expand on these benefits, and others, with respect to controlling your local expenses.
Come take a listen!
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The skinny
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