We can help you decide what makes the most sense.
For financial advisors thinking about starting their own RIA, it’s important to realize that success requires an entrepreneurial mindset. Every day out on your own can feel like you’re fighting an uphill battle, but this is part of the entrepreneurial spirit.
Obtaining the right securities license is essential in becoming an investment representative, security sales agent, or any other professional in the securities industry. The licensing process is extensive and can be challenging to navigate. Understanding the different types of FINRA licenses and when they’re required will help you establish which exams you will need to
Make no mistake, running your own RIA is a business and should always be treated with the same considerations as any business, such as how to handle products and services, operations, sales, marketing, and finances. Though some RIAs may join an existing RIA firm to ease their operational burdens, many RIAs wind up starting their own firms or go on to register as both a broker-dealer and independent investment advisor.