Transition To RIA Podcast

Brad Wales
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  • UPDATED MONTHLY
Transition To RIA Podcast

The Transition To RIA Podcast was named to the first ever Top Podcasts for Financial Advisors list by Kitces. Brad Wales, founder of Transition To RIA (TransitionToRIA.com) discusses WHY and HOW to transition your financial advisory practice to the Registered Investment Advisor ("RIA") model. This question/answer style podcast pulls directly from the hundreds of RIA related questions Brad has been asked over the years. With 20+ years industry experience, including direct RIA related roles in compliance, finance and business development, Brad has become the go-to expert for everything financial advisors want to learn and understand about the RIA model. Transition To RIA is completely independent of any one solution, thus Brad is able to provide impartial advice and guidance across all of the possible pathways into the model.

  1. JUN 17

    Q127 - What Is The Difference Between An RIA And A Broker-Dealer?

    Participants in our industry often talk about moving to another broker/dealer. But when they say “broker/dealer” they are also often referring to an RIA. Or conversely, you’ll hear voices discussing joining or starting an RIA. Yet that too, could also potentially involve a broker/dealer as well. Confused yet? In this episode (#127) of the Transition To RIA question and answer series I explain the difference in these two structures and how the terminology is used properly. 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-difference-between-an-ria-and-a-broker-dealer/ 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.

    22 min

  2. MAY 29

    Q126 - What Type Of Fees Can I Charge My Clients In The RIA Model?

    The RIA model typically provides far more flexibility with how you can charge your clients for your services. AUM, flat, subscription, hourly are some of the options. Even the most used “AUM fee” comes with additional flexibility. The frequency in which you charge the fee.What pricing tiers you use.Whether you charge in advance or arrears.Whether the fee is based on a single date in time (ex: quarter end), or an average of the period.The ability to pair an AUM with another fee type (ex: flat fee.) In this episode (#126) of the Transition To RIA question and answer series I explain the different fee types most often used in the RIA model. 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-type-of-fees-can-i-charge-my-clients-in-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.

    19 min

  3. MAY 16

    Q125 - How Difficult Is A Transition To The RIA Model?

    How difficult is a transition to the RIA model? It’s difficult enough that some advisors and teams can never bring themselves to cross the bridge. Whereas other advisors and teams learn how to navigate the process, and successfully do so. There are nonetheless still “difficult” parts to a transition: Overcoming the uncertainty of a model you’re not yet familiar with. (This is solved through education.)The workload involved with putting all the pieces into place, particularly down the stretch as the transition nears.The sprint to move your clients post-launch. In this episode (#125) of the Transition To RIA question & answer series I explain how to successfully navigate these “difficult” steps. 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-difficult-is-a-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.

    20 min

  4. APR 29

    Q124 - What Is An RIA-Friendly Broker-Dealer?

    You don’t have to be 100% fee-only to transition your practice to the RIA model. There are potential ways to “solve” for your remaining legacy commission assets. One potential way is to utilize an “RIA-Friendly Broker-Dealer.” But what exactly is an RIA-Friendly Broker-Dealer? How does it work? Is it available for you to use? How much does it cost? In this episode (#124) of the Transition To RIA question and answer series, I explain what an RIA-Friendly Broker-Dealer is and when you might consider using one. 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-an-ria-friendly-broker-dealer/ 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.

    16 min

  5. APR 15

    Q123 - What Additional Responsibilities Come With Your Own RIA?

    So, you want to start an RIA? You want the better economics that come with it? The increased flexibility you’ll have with your practice? But are you aware of the additional responsibilities that come with it as well? As advantageous as the RIA model is, there is no free lunch. It’s important to understand what the additional responsibilities are, to determine if they are something you are able/willing to accommodate. And with your specific situation, whether the added benefits of the model outweigh the added responsibilities. In this episode (#123) of the Transition To RIA question & answer series, I explain what the additional responsibilities are of having your own 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/what-additional-responsibilities-come-with-your-own-ria/ 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.

    20 min

  6. APR 1

    Q122 - Is The Payout In The RIA Model Really 100%?

    Advocates of the RIA model will often passionately proclaim “THE PAYOUT IN THE RIA MODEL IS 100%!!!” With such generous economics, the RIA path must surely be best, right? For many advisors, it is the best path to take. But boastful headline numbers alone are not what determines that. For starters, it’s not a “payout” at all. As your own RIA, you’re simply receiving the fee revenue you generate from your clients for the value and services you provide for them. From that revenue, you must then deduct the expense associated with providing that value. Then with multiple variables now involved, you must be careful to do a true apples-to-apples comparison to what “payout” you have currently. In this episode of the Transition To RIA question & answer series I explain how the 100% “payout” in the RIA model works and how it would look for your practice. 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/is-the-payout-in-the-ria-model-really-100-percent/ 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.

    27 min

  7. MAR 13

    Q121 - Do I Have To Drop My Series 7 If I Go RIA?

    You studied for months to take the Series 7. You anxiously sat through the multi-hour test. Perhaps with your livelihood on the line. You finished the test and nervously awaited the result. You passed! Years, if not decades have now since past. You’re considering transitioning your practice to the RIA model, but don’t want to “lose” the 7 you worked so hard for all those years ago. But do you have to? In this episode of the Transition To RIA question & answer series I explain if you must drop your 7 to go 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/do-i-have-to-drop-my-series-7-if-i-go-ria/ 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.

    20 min

  8. FEB 25

    Q120 - Are There Platform Fees In The RIA Model?

    “Platform fees” in our industry are the “resort fees” of the hotel industry. Just as a hotel room rate can be distorted by the addition of mandatory resort fees……payouts (particularly at independent broker/dealer models) are frequently distorted by additional platforms fees. The existence of a fee by itself is not necessarily a bad thing, provided the value and services received in return are commensurate. The first step in determining that is identifying when platform fees are present. While such fees are most often associated with independent broker/dealer models, there are scenarios where they could be applicable in the RIA model as well. In this episode (#120) of the Transition To RIA question & answer series, I explain when platform fees exist in the RIA space. 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/are-there-platform-fees-in-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.

    18 min
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Ratings & Reviews

4.7
out of 5
15 Ratings

About

The Transition To RIA Podcast was named to the first ever Top Podcasts for Financial Advisors list by Kitces. Brad Wales, founder of Transition To RIA (TransitionToRIA.com) discusses WHY and HOW to transition your financial advisory practice to the Registered Investment Advisor ("RIA") model. This question/answer style podcast pulls directly from the hundreds of RIA related questions Brad has been asked over the years. With 20+ years industry experience, including direct RIA related roles in compliance, finance and business development, Brad has become the go-to expert for everything financial advisors want to learn and understand about the RIA model. Transition To RIA is completely independent of any one solution, thus Brad is able to provide impartial advice and guidance across all of the possible pathways into the model.

Information

  • Creator
    Brad Wales
  • Years Active
    2020 - 2025
  • Episodes
    125
  • Rating
    Clean
  • Copyright
    © Copyright 2025 Transition To RIA Podcast
  • Show Website
    Transition To RIA Podcast

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