The realities of running fee-only business can come as a surprise to some advisors. Having a clear idea of what to expect can help make for a smooth transition.
Jodi Amos and Newlin Archinal, managing partners of 4Rivers Wealth Management, discuss the realities of their experience starting an RIA-only business and why choosing the right firm partner matters.
Making the move to fee-only means saying goodbye your legacy commission accounts. Explore options for keeping your relationships after you walk away from the revenue.
Thinking about taking the fee-only path? Be sure you understand the compliance obligations for IARs and RIAs.
Jodi Amos and Newlin Archinal, managing partners of 4Rivers Wealth Management, discuss transforming a year of uncertainty into one of opportunity.
The fee-only world offers some clear advantages, but making the move comes with added risks and responsibilities, too—and timing can be everything.