He joined his partners to break away and do things on their own terms.
My best advice
The marketing and organizational aspects of running a business worried me most, but I found plenty of resources to help me. By leaning on TD Ameritrade to help me integrate my financial planning, portfolio management, CRM, and document management technologies, for example, I’m able to run an efficient firm that revolves around the needs of my clients.
There are many other “safety nets” available for RIAs, like third-party vendors who help with hiring, education, hardware, compliance and more. Ask your custodian to help you find the ones that are the best fit for your new independent practice.
Learn more about transitioning to the RIA model by contacting TD Ameritrade today!
Or call 800-934-6124
We’ll help you
Thinking of becoming an RIA, but unsure of the financial implications? Learn more about the potential benefits with our RIA Economic Evaluator.
Become an RIA in
From choosing the right business model to helping your firm thrive after transition, you may have a lot of questions about becoming an independent RIA. Get the answers you’re looking for in our guidebook, Becoming an Independent RIA.
Ready to go out on your own? Let’s do some math. Use this worksheet to keep track of what your startup costs may be.
Transitioning to independence could be a win for you and your clients. Find out what other Advisors have to say about what it’s like on the other side.