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Leaving a Wirehouse for Independent RIA Model? What's in it for Clients?Leaving a Wirehouse for Independent RIA Model? What's in it for Clients?

Translating the tangible benefits of a move to the RIA space to your clients

IRIS

March 1, 2017

1 Min Read
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As the wealth management landscape evolves, we continue to watch a steady stream of top advisors leave the traditional wirehouse space for independent RIA models. Although independence invariably gives these advisors greater freedom, flexibility and control, we also need to ask the question, “What’s in it for their clients?”

At the heart of the matter is the fact that in the RIA space there is the separation of advice from asset custody and product manufacturing—a benefit to clients since it eliminates conflicts of interest and allows the advisor to act as a true fiduciary.

Consider these 5 other key advantages that translate into an enhanced client experience:

  1. No platform restrictions: Advisors are not limited to a preset platform provided...

Read more at Iris.xyz

About the Author

IRIS

Look around; everything has changed—and it will continue to change. Nothing new there. What is new are the people that can make you grow faster, more knowledgeable, efficient, better decision makers, and more effective employers and they are now at your fingertips—a digital workforce—for you to read, study and connect with. IRIS is a collection of vetted experts, in unique areas that offer information and services to make managing your business and interacting with your clients more impactful. We also offer a little candy that will help make your clients even stickier. We won’t bug you by trying to sell you things, provide editorials, or musings about who’s moved where—others do that very nicely. IRIS is not about the people behind it, it’s about all of the experts on the site sharing their knowledge and giving you something new and different to absorb and think about.  Pardon us if we’re a little disruptive along the way—after all, we do want your attention.