Q86 - How To Run A Large RIA With Only One Person?

There are multiple tasks involved with running an RIA practice.Advisors tend to be passionate about the client facing tasks, and less so the behind-the-scenes administrative and operational parts.What if you designed an RIA where you outsourced most (all?) of the non-client facing tasks?What if you could spend nearly all your time on just the parts of the business you really enjoy?In this episode I explore how far you can potentially take outsourcing within an RIA.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/how-to-run-a-large-ria-with-only-one-person/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.