I am a long term Commodity broker looking to move to the advisory side of the business. I have passed the series 65 and am prepared to take the 7. Wondering if setting up my own RIA would be my best bet. Any thoughts?
If you are confident in your ability to build your own practice from scratch then the RIA model is often the best longterm bet. From a business perspective you'll have more control over your fee structure and business process.
I recommend outsourcing as much of the back office and compliance stuff as possible so you can focus on building your practice.
By clicking below, I acknowledge and agree to Penton's Terms of Service
and to Penton's use of my contact information to communicate with me about Penton's or its third-party
partners' products, services, events and research opportunities. Penton's use of the information I
Sponsored Introduction Continue on to (or wait seconds) ×