Are you planning to form your own RIA? Do you do predominantly fee-based business and want to form your own RIA?

Are you analyzing the cost, energy, and compliance requirements associated with a broker-dealer relationship? Do you plan to eliminate (or have you already eliminated) most variable insurance and commission business from your service offering to clients? Are you considering whether to deal with one regulatory agency rather than both the SEC or state and FINRA? If so, we can absolutely help you. We have helped dozens of advisors in this situation over the past 20 years, and can guide you through what to expect and plan for throughout the process.

In addition to our service offering, as you get started with this business model, FocusPoint can:

  • Help you to form your own RIA
  • Provide you with ongoing compliance support relating to your RIA
  • Offer you compliance support – from basic ongoing to full-service, comprehensive-based on your needs
  • Assist you with client communications and plan relating to a transition to a fee-only business model
  • Create and execute a custom transition plan to increase your fee-based revenue
  • Utilize our long-standing relationships to assist you with approval/establishment of your RIA with a best-fit custodian
  • Devise a plan to bring most or all of your assets to one custodian and consolidate your client assets onto one statement

And, for all advisors we support, we can:

  • Provide you with a full suite of non-proprietary technology to help you run your business more efficiently
  • Create customized, automated workflow processes for you and your staff
  • Execute (establish, manage, trade, monitor) your investment process
  • Design custom reports for you based on your unique needs
  • Handle all of your back/middle office and billing
  • Offer you practice development guidance