Q147 - Can I Service HNW And UHNW Clients As An RIA?

APR 30, 202621 MIN
Transition To RIA Podcast

Q147 - Can I Service HNW And UHNW Clients As An RIA?

APR 30, 202621 MIN

Description

<p>Over the past decade, all the (now tired) excuses for why advisors shouldn't move to the RIA model have fallen.</p><p></p><p>To name a few:</p><p></p><ul><li>"The technology is not as good."</li><li>"You won't have access to the same level of investment solutions."</li><li>"Clients want the big brand name on the door."</li></ul><p></p><p>Not only are these arguments no longer true, but the RIA model now generally provides a superior solution.</p><p></p><p>But what about servicing HNW and UHNW clients?</p><p></p><p>Can such clients be accommodated the same, or even better, in the RIA model?</p><p></p><p>In this episode (#147) of the Transition To RIA question &amp; answer series, I explain how supporting such clients is not just possible, but generally more favorable in the RIA model.</p><p></p><p>Come take a listen!</p><p></p><p>P.S. Prefer video? You can find this entire series in video format on Youtube. Search for the TRANSITION TO RIA channel.</p><p></p><p>Show notes: <a href="https://TransitionToRIA.com/can-i-service-high-net-worth-and-ultra-high-net-worth-clients-as-an-ria/">https://TransitionToRIA.com/can-i-service-high-net-worth-and-ultra-high-net-worth-clients-as-an-ria/</a></p><p></p><p>About Host: Brad Wales is the founder of <a href="https://transitiontoria.com/">Transition To RIA</a>, where he helps financial advisors between $50M and $1B understand everything there is to know about WHY and HOW to transition their practice to the Registered Investment Advisor (RIA) model. Brad has 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 &amp; 65 licenses. The Transition To RIA website (TransitionToRIA.com) has a large catalog of free videos, articles, whitepapers, as well as other resources to help advisors understand the RIA model and how it would apply to their unique circumstances.</p>