Become an RIA with minimal client disruption

Transcription

1 Perspective Become an RIA with minimal client disruption Protecting your clients during a transition

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3 Minimizing transitional disruption You ve worked hard to build a strong base of loyal clients who trust your judgment and rely on your advice. So when you establish your own business, you want to feel confident that it won t disrupt your relationships with them and that they ll make the move with you. Did you know that advisors who transitioned to the independent Registered Investment Advisor (RIA) channel see 82% of their targeted assets transfer with them? 1 Making the transition from financial advisor to an RIA requires more than a great book of business. There are a lot of decisions to be made, including: Where will you find the best possible staff and how will you train them? What technology systems and platforms will you choose? How will you manage the repapering and compliance aspects of the move to ensure nothing falls through the cracks? Figure 1: Questions you may have Where will you find the best possible staff and how will you train them? What technology systems and platforms will you choose? How will you manage the repapering and compliance aspects? A misstep at any of these decision points could introduce risk and doubt into your client relationships and give your competitors and former colleagues an opening to try to take that business away from you. InvestmentNews, Study of Adviser Transitions, tdainstitutional.com Minimize client disruption while becoming an RIA 3

4 How we can help you become an RIA When you work with TD Ameritrade Institutional business consultants, you ll get expert guidance on everything from managing business processes to building a high-performing team. They ll work with you to help ensure your technology systems are set up efficiently, your product mix is supporting the needs of your business and clients, and your employees have clearly defined roles and responsibilities. Figure 2: Working with TD Ameritrade Institutional business consultants will provide: Percentage of targeted assets that have transfered with an RIA 82 % Efficient technology systems Right product mix to support client needs Clearly defined job description Advisors who transitioned to the RIA channel see 82% of their targeted assets transfer with them. 1 InvestmentNews, Study of Adviser Transitions, tdainstitutional.com Minimize client disruption while becoming an RIA 4

5 With Veo, our account management and trading platform, you ll be able to handle portfolio management, customer relationship management, document management, and financial planning from a single platform. You ll be able to meet client needs faster and smarter from the get-go. And you won t need to worry about client paperwork falling through the cracks, because your dedicated Business Transition Services team will review each account. Your dedicated team will help you ensure that every distribution is accurate and on time. They ll even provide training on how to use your new systems to get you up and running quicker. Thousands of advisors have taken advantage of the TD Ameritrade Institutional innovative account management and trading platform, plus expert business consultants to become independent RIAs. Instead of losing clients during the move, you ll be able to take advantage of this opportunity to finally build a new business around their needs tdainstitutional.com Minimize client disruption while becoming an RIA 5

6 Next steps To learn more about how you can simplify your transition process and protect your hard-earned book of business, please: See the full story at tdainstitutional.com/goria Visit tdainstitutional.com to see how we support advisors through every phase of a transition, or call to speak with a Transition Consultant today tdainstitutional.com Minimize client disruption while becoming an RIA 6

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8 Connect with an experienced consultant today. CALL VISIT tdainstitutional.com TD Ameritrade Institutional and all third parties listed are separate unaffiliated companies and are not responsible for each other s services or policies. Access to the Veo platform s open access capabilities is provided as a service to financial advisors using the brokerage, execution, and custody services of TD Ameritrade Institutional. TD Ameritrade is not responsible for information, opinions, or services provided by a third party. In no instance should the listing of a third party be construed as a recommendation or endorsement by TD Ameritrade. Since we must ensure that all tdainstitutional.com vendors meet our stringent security requirements, integration with new vendors is not immediate and cannot be guaranteed. TD Ameritrade Institutional, Division of TD Ameritrade, Inc., member FINRA/SIPC. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank TD Ameritrade. TDAI 2584 BR 12/16