I offer the following consulting services at no cost to you!

 Are you a W-2 employee financial advisor or private banker wondering if an independent business model might work for you? 

Some of the reasons advisors consider "going independent" are: 

• To better align with the fiduciary standard of putting clients first.
• Greater flexibility & control of their practice.
• Higher payouts/grid due to only paying for what they use.

My mission is to help you learn the ins and outs of being "independent" at your own pace, wherever you are in your exploration, and with 100% privacy.  A few models to consider are: 

Supported Independence: This model offers high advisor support with minimal responsibility, similar to being a W-2 employee. It provides transition dollars and back-office support and allows for some decision-making freedom without the firm owning your client book.

Independent Broker-Dealer (IBD): Offering a balance of support and responsibility, this model allows advisors to brand themselves (DBA) and requires them to manage their own staff and office logistics. It suits those seeking autonomy within a structured support system.

I would be your personal guide and coach, helping you create the perfect roadmap to your ideal advisory practice.

Many advisors see peers leave their firm to start their own RIA and mistakenly think it's easy.  For example, transitioning from a W-2 advisor with extensive company-provided resources to the 1099 independence of an RIA involves significant responsibilities & considerations (the tech stack, trading/billing, TAMP, legal, compliance, staffing, benefits, custodians, etc.), everything you're currently receiving at your wirehouse but you need to obtain on your own.

We can help you understand your options depending on your goals and expectations, and may include:

Launch your own Registered Investment Advisor (RIA) 

This model demands the most from an advisor, providing minimal support but maximum independence. Advisors control every aspect of their business, own their own ADV, and can offer a wide range of services. It's ideal for those aspiring to true entrepreneurship with unlimited potential. 

Join an Existing RIA 

Firms in this model can provide you with many or all of the benefits of being your own RIA, with the exception that you do not own your own ADV.  You are an IAR of their RIA and they would be responsible for compliance oversight.

Hybrid RIAs

Most RIA's are 100% fee-only. However, some RIA's have access to a broker/dealer for commission business. They are known as hybrid RIAs.

Let us help educate and guide you on which model best aligns with your long-term goals, wants & desires.

For those advisors who have had a successful career and are now thinking about dialing it down a notch, we can help you evaluate your options.

Near-Term Retirement:

A few options here include "Sell and Stay", "Hire and Retire", and partial or full sale of your book at LTCG tax treatment instead of ordinary income. 

At-Retirement:

Some firms have robust marketplace platforms designed for advisors searching for a successor or an advisor interested in buying a book of business.

Taking some chips off the table:

Some firms will buy a certain percentage of your T12 revenue, or exchange it for equity in their RIA.

Your own firm's retirement program:

While typically not ideal because your business is inherently undervalued, this option may be suitable for an advisor who is comfortable with the income they have made or are making and is not concerned about leaving money on the table and/or doesn't want to deal with the inconvenience of changing firms.

To help advisors make the best choice, we are happy to consult on existing or planned retirement programs. We also have access to life coaches and practice management coaches to help in your transition to the next chapter in your life.