January 7, 2021
Barbara Herman Quoted
By Diana Britton
Integrated Advisors Network, a Palos Verdes, Calif.-based support platform for registered investment advisors, has acquired ReDefine Independent Advisors, an RIA consulting firm, to build out a dedicated offering for breakaway advisors. As part of the deal, the firm has named ReDefine CEO Jason Inglis as its new president.
Barbara Herman, a senior vice president at Diamond Consultants, said that turnkey RIA platform models like Integrated’s allow an advisor to get the benefits of an independent RIA model without having to do the heavy lifting.
“The firms that are committed to recruiting recognize the huge potential here but recognize that if you are recruiting someone who’s already independent and sits within the independent broker/dealer world, they don’t need the same level necessarily of support to go the RIA route as an advisor who’s currently in the wirehouse world,” she said. “It’s a different model. It requires a different skillset. It requires dedicated services.”
