He left his independent broker-dealer to start his own firm and experience true freedom.
My best advice
But if you don’t have partners willing to go independent with you, transitioning can seem daunting. To those in that situation, I suggest finding a firm that shares your values so they can help you and your clients have a smooth transition. If you’d prefer to start your own firm, reach out to other RIAs through conferences, professional organizations and the internet so you can learn from their experiences. In this industry, you’re never alone—and that’s one of the best parts about it.
Learn more about transitioning to the RIA model by contacting TD Ameritrade today!
Or call 800-934-6124
Have you been thinking about what your future business might be like? Use our quick tool to get a better understanding of how to make the most of your journey toward becoming an RIA.
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.
Many Advisors delay making the switch to the RIA model out of fear that they'll lose clients. Learn how to communicate your transition to clients and continue your relationship in independence.
Choosing to become an RIA involves a lot of decisions—but having a road map makes them easier to manage. Read this guide to learn about key milestones in independence.
Keeping up with laws and regulations is something you'll need to be aware of as an independent RIA, but it's not unmanageable. Learn more from industry leader Blane Warrene in this article.