Are you getting tired of your broker-dealer and the Financial Industry Regulatory Authority’s (FINRA) pricey and aggressive enforcement strategies? Have you thought about working for or founding your own registered investment adviser (RIA) company but are unsure if it’s the best choice for you? If so, you are not by yourself.
More and more advisors are realizing that switching to an RIA structure allows them to earn more money, provide value to their practice, and have far more flexibility.
Are you aware of these RIA benefits?
- from items like REITs, mutual funds, C shares, variable annuities, and life insurance.
- RIAs without a broker-dealer relationship can renounce their S7 license since S65 is all that is needed for RIA operation.
Our AdvisorLaw team of securities lawyers and compliance experts is frequently questioned:
- How can I create an RIA while working for a BD?
- How much time should the CCO of an RIA plan to devote to compliance-related tasks?
- What are an RIA’s fixed expenses?
- Can I operate my RIA from home?
The first thing you should do if you’re thinking about entering the RIA market is to locate reliable support.
AdvisorLaw offers assistance with the transition, registration, and ongoing compliance procedures, giving brokers who want to resign from their FINRA membership peace of mind. Join the thousands of advisers who are trading in their FINRA licensure to avoid overbearing regulation to gain independence and control over your brand.
Original Post: https://advisorlawllc.com/making-the-switch-to-ria/
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