Advisor Innovations: Brian Hamburger on The Advisor Transition GameAdvisor Innovations: Brian Hamburger on The Advisor Transition Game
Brian Hamburger talks about the pioneering work his firm did helping wirehouse brokers “break away,” and how his firm’s services have evolved along with the growth of the RIA industry.
October 27, 2021
Sponsored by LPL Financial
Brian Hamburger is the founder of Hamburger Law Firm and Marketcounsel, providing legal and regulatory support to financial advisory firms.
In this episode, David Armstrong talks to Brian about the pioneering work his firm did helping wirehouse brokers “break away” and establish their own RIAs, and how his firm’s services have evolved alongside the growth of the RIA industry.
Brian Hamburger speaking at the 2019 MarketCounsel Summit.
David and Brian discusses:
The newest regulatory challenges to RIAs
How advisor transitions have changed from the early days of the “breakaway broker.”
What the erosion of the broker protocol means for advisors moving firms
The potential troubles brewing as asset managers and outside investors buy their way into the RIA channel
How Brian learned about the industry from his father, a financial advisor, and why he chose not to be an advisor himself.
