Integrating Your Business

Your Business and the RIA Model

OBA: Outside Business Activity

Are you currently involved in or own another business other than fee-based investment management? Perhaps you are a CPA, Real Estate Developer, Agency Owner, or Restaurant owner. In the Broker Dealer environment this outside business activities can be caustic! Succumbing to substantial oversight or significant burden. Thankfully there is hope.

Thankfully there is hope.

The independent RIA model is built for integration! So long as you’re outside business does not conflict with the interests of your clients you are not violating your fiduciary commitment. As an RIA it is your obligation to simply disclose your outside business activity to your clients in your ADV.