Top 5 Ways Indie BDs Can Compete With RIAs
December 2, 2019
By Louis Diamond
It’s not surprising that the RIA space often garners the lion’s share of attention in the press and with advisors considering the next chapter of their careers.
Who can dismiss the excitement around the ongoing growth — fueled by what seems to be a constant flow of big teams breaking away from the brokerage world to build their own independent firms as either hybrid or fee-only RIAs?
While the momentum towards independence seems to have been focused on the RIA world over the past few years, the reality is that independent broker-dealers have been working stealthily and making significant changes to their operating models and strategies.