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Transition To RIA PodcastAuthor: Brad Wales
The Transition To RIA Podcast was named to the first ever Top Podcasts for Financial Advisors list by Kitces. Brad Wales, founder of Transition To RIA (TransitionToRIA.com) discusses WHY and HOW to transition your financial advisory practice to the Registered Investment Advisor ("RIA") model. This question/answer style podcast pulls directly from the hundreds of RIA related questions Brad has been asked over the years. With 20 years industry experience, including direct RIA related roles in compliance, finance and business development, Brad has become the go-to expert for everything financial advisors want to learn and understand about the RIA model. Transition To RIA is completely independent of any one solution, thus Brad is able to provide impartial advice and guidance across all of the possible pathways into the model. Language: en-us Genres: Business, Entrepreneurship, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Q144 - How Does An RIA Compare To An Independent Broker-Dealer?
Thursday, 19 March, 2026
I often encounter a phenomenon with long-tenured advisors.As they've been born and bred at a broker-dealer, they simply assume they always need a broker-dealer.And these are advisors whose practices have become nearly, if not entirely fee-based.Yet their ingrained DNA tells them a broker-dealer is still required.So when considering transitioning their practice to an independent model, they only consider broker-dealer solutions.That is a classic case of the tail wagging the dog.With a predominantly fee-based practice, they need an RIA, not a broker-dealer.On this episode (#144) of the Transition To RIA question & answer series I explain how an RIA compares to an Independent Broker-Dealer, and why if you have a primarily fee-based practice you should not let the tail wag the dog.Come take a listen!P.S. Prefer video? You can find this entire series in video format on Youtube. Search for the TRANSITION TO RIA channel.Show notes: https://TransitionToRIA.com/how-does-an-ria-compare-to-an-independent-broker-dealer/About Host: Brad Wales is the founder of Transition To RIA, 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 & 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.
