When choosing between becoming an IAR and joining an RIA firm or starting your own RIA firm it is important to fully consider the ramifications of your decision. As an IAR you are able to focus on client relationship management and asset gathering, you do not have to focus on general business operations as an RIA owner. However, as an IAR you are compensated for your work. As a business owner, the difference between expenses and income is yours to keep. We developed our solutions to maximize cost efficiency and profitability. This way whether you are joining or starting an RIA your clients save on fees, and less of the fees go to operating expenses.

Responsibility</strong RIA IAR
Pass Series 65
Complete Regulatory Applications
Obtain E&O Coverage
Annual Fees to State/SEC
Maintain Client Files, Forms, & Docs
Build & Maintain Client Relationships
Make Client Investment Recommendations
Establish Business Entity
Define Anti-Money Laundering Policy
Develop Disclosure Documents
Register Entity as RIA with State or SEC
Establish Written Policies & Procedures
Prepare Investment Policy Statement
Prepare Financial PLanning Agreement
Prepare Code of Ethics, Privacy Notices, and Other Misc. Policies
Prepare Disaster Recovery Plan & Continuity Plan
File Annual Reports
Maintain Minimum Working capital
Anticipate & Be Ready for Surprise Audits
Determine and Maintain Regulatory/Compliance Filings
Select Investment Custodian
Maintain and Update Risk Tolerance Questionaire
Maintain Risk Controls
Prepare Regular Performance Reporting
Calculate & Deduct Advisory Fees
Recruit, Hire, Develop, and Retain Investment Advisory Personnel
Stay Abreast of Ongoing Regulations