At it's core, transitioning to the RIA model is simply an exercise in identifying what your current firm provides for you, and determining how to replicate those resources on your own.
Technology is a key part of that.
In the RIA model, the various technology solutions needed to run a modern day advisory practice, are brought together into a "tech stack".
In the latest episode of my RIA explanatory series I explain, among other things:
Come take a listen!
Show notes: https://TransitionToRIA.com/what-is-an-ria-technology-stack
About Host: Brad Wales is the founder of Transition To RIA, where he helps financial advisors to learn and understand everything there is to know about WHY and HOW to transition their practice to the Registered Investment Advisor (RIA) model. Brad has nearly 20 years of industry experience, including direct RIA related roles in Compliance, Finance and Business Development. He has an MBA and has held the 4, 7, 24, 63 & 65 licenses. On his website (TransitionToRIA.com) he has a large catalog of free videos, whitepapers, as well as other resources to help advisors fully understand the RIA model and how it would apply to their unique circumstances.
