Q78 - Can I Manage Client Assets Myself As An RIA?

Transition To RIA Podcast · Feb 7, 2023 · 19m

"Can I manage client assets myself as an RIA?"

This is a simple question, with a simple answer. “Yes”

More telling is why advisors are asking it in the first place.

It is often due to concern that their ability to manage assets under their current affiliation model could become constrained, or even taken away from them at some point in the future. (Of no fault of their own, but due to firm wide policy changes.)

Thus, they're wanting to confirm this possibility would be eliminated if they transitioned their practice to the RIA model.

Could your ability to manage client assets be taken away? In…