RIA Formation

This is an area where we can really add immediate value to your situation. It's also an example of some of the peripheral support that's available to every advisor working with us.

Advisors often need help either forming an RIA or beginning to move more assets into an existing RIA which has previously gone unused. Our in—house transition and compliance specialists will help you to establish the best process for you based on your specific situation. Since we've been through the transition and RIA formation process so many times—including for our own practice—we know what to expect and how to guide you through properly setting things up.

Our team will walk through these questions with you to help you understand what you'll need to do in order to do things right the first time around. Initially, we'll work with you on certain questions which do need to be answered to start the ball rolling and determine your timeline and course of action; these will be revisited further into your transition.

We've found that it's absolutely possible for you to be a good business owner and do things right compliance—wise. We're familiar with your issues because FocusPoint is an RIA. We've also worked with and support many other RIAs, and therefore have various capable compliance and legal contacts.

You're free to leverage off of the resources and systems we already have in place. We strongly encourage you to use us a resource for this area and don't make the same mistakes as other advisors have made over the years.

This means that you don't have to reinvent the wheel.

While, in most cases, we will definitely recommend that you engage legal counsel to draft and file certain documentation, we're here to give you suggestions and recommendations throughout the process. At the end of the day, of course, it's your business to do with as you see fit.

>> Ongoing Support

“I did not have any experience whatsoever with working under the RIA business model. I was very much interested, though, and my idea was that I would have to start working under my IBD’s RIA. Then FocusPoint came along and helped me to put together the pieces.”

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