Whether in our personal or professional lives, most everything in life revolves around motivations.

What motivates you to run your advisory practice as you do?
What motivates you to pursue certain hobbies and passions?
What motivates your kids to make the decisions they do?

When financial advisors and teams reach out to me to explore the RIA model, I typically start by asking what has motivated them to do so.

Having asked hundreds of advisors this question, the answers typically revolve around a desire for more flexibility with their practice, and/or better economics.

In this episode of the Transition To RIA question and answer series I provide examples of what the specific motivations often 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-motivates-advisors-to-transition-to-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.