Q106 - What Is The Real Estate Advantage Of The RIA Model?

Do you own or rent your home?What advice do you give your clients about owning vs renting?While there are exceptions, owning typically has far better long-term advantages over renting.Yet, many advisors don’t practice what they preach when it comes to the real estate they use for an office.An advisor that spends their entire career in a W2 model (ex: wirehouse), experiences the same real estate disadvantages that a life-long home renter does.In this episode of the Transition To RIA question & answer series I explain what the real estate advantages of the RIA model are.Come take a listen!P.S. Prefer video? You can find this entire series in video format on Youtube. Search for the TRANSITION TO RIA channel.Show notes: https://TransitionToRIA.com/what-is-the-real-estate-advantage-of-the-ria-model/About Host: Brad Wales is the founder of Transition To RIA, where he helps financial advisors understand everything there is to know about WHY and HOW to transition their practice to the Registered Investment Advisor (RIA) model. Brad has 20+ years of industry experience, including direct RIA related roles in Compliance, Finance and Business Development. He has an MBA and has held the 4, 7, 24, 63 & 65 licenses. The Transition To RIA website (TransitionToRIA.com) has a large catalog of free videos, articles, whitepapers, as well as other resources to help advisors understand the RIA model and how it would apply to their unique circumstances.