She grows her firm by targeting clients who share her life experiences.
Love the RIA model but not interested in running your own business?
Joining an existing RIA firm may be a great fit for you. Here’s why Rachel is glad she took that route:
Infrastructure: Existing firms already have the technologies, processes and teams in place that are needed to do business.
Reputation: Marketing can be easier when you can leverage the status of an existing firm.
Simplicity: Joining a firm allows you to serve your clients without worrying about day-to-day business operations.
Affordability: The time and costs associated with running your own business are no longer an issue when you become part of a larger team.
Does joining a firm add up?
- 1. FA Insight, Mergers & Acquisitions in the RIA Industry: Overcoming the Big Disconnect, 2017.
- 2. TD Ameritrade Institutional internal analysis, September 2014.
- FA Insight is a product of TD Ameritrade Institutional, Division of TD Ameritrade Inc. FA Insight is a trademark owned by TD Ameritrade IP Company, Inc.
If you’ve decided to join a firm but aren’t sure where to begin, use this checklist to help you find the RIA firm that’s the right match for you.
Whether you’re planning for retirement or just looking to lighten your operational workload, joining a firm can be a great way to start your next chapter. Read this blog to learn about the options and opportunities best suited for whatever path your career takes.
You think big.
You’re always thinking a few steps ahead. Are you ready for your next move? Take this short assessment, and we’ll provide a few resources that can help you take the next step.
A solid value proposition is the foundation for the decisions you make, the services you provide, and the way people see you. This guidebook can help you create one that resonates.
Are you making the most of available technology to connect with both current and potential clients? Read more about how to seamlessly integrate smart tech solutions into your practice.