Q57 - What is a TAMP?

You’ve likely heard of a TAMP before, but what exactly is it?The definition of a Turnkey Asset Management Program has expanded to the point where one “TAMP” solution can vary significantly from another “TAMP” solution. So much so that some TAMPs arguably should no longer even call themselves a TAMP at all!Is a TAMP something you should consider for your practice?Are you already using a TAMP and don’t even realize it?In the latest episode of my RIA Question & Answer series I explain:What a TAMP is.The different variations of them.How you can use them in your practice.How they are priced.Come take a listen!Show notes: https://transitiontoria.com/what-is-a-tampAbout Host: Brad Wales is the founder of Transition To RIA, where he helps financial advisors to learn and understand everything there is to know about WHY and HOW to transition their practice to the Registered Investment Advisor (RIA) model. Brad has nearly 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. On his website (TransitionToRIA.com) he has a large catalog of free videos, whitepapers, as well as other resources to help advisors fully understand the RIA model and how it would apply to their unique circumstances.