Hybrid Ria Broker Dealer

Surprisingly i also quite frequently get asked about shutting down an ria and either tucking in under a larger ria or an independent broker dealer.

Hybrid ria broker dealer.

That kind of flexibility is one of the reasons why more. A hybrid advisor can provide commission services through a broker dealer and may choose to leverage a corporate ria or establish a hybrid ria firm that they own brand and operate for all their fee based business. Got questions about the differences between an ria and a broker dealer. Clients particularly high net worth clients are becoming more sophisticated and their needs are becoming increasingly complex.

This dual registration allows financial professionals to operate both a fee and a commission based practice. Hybrid advisors are registered with both the sec and finra and can offer clients a wide range of investment products and services and a choice of how they d like to be charged. By moving to the hybrid model by definition you will work with a broker dealer and an asset custodian. According to data from cerulli.

A hybrid ria is an independently registered firm owned and managed by a n hybrid advisor s. Advisors consistently ask me whether they should set up their own ria or become a hybrid advisor at a broker dealer meaning having your own ria while maintain your licenses at a broker dealer. A hybrid advisor may or may not be a fiduciary. You could be a hybrid advisor that s a representative of both the broker dealer and your own independent ria as well but if you re registered with a broker dealer you would need to disclose your outside ria as an outside business activity and you would need approval from your broker dealer to have that oba permitted.

Hybrid advisors the hybrid model supports the advisor who maintains both a fee based advisory business through an independently owned ria and commission based brokerage business as a registered representative of mid atlantic capital corporation. The basics are simple. From compliance procedures to regulatory examination support we ll support you. We can discuss the idea of keeping your ria intact while gaining the top notch support of our boutique broker dealer.

A hybrid ria is registered as both an ria and a broker dealer. A hybrid ria maintains an affiliation with both a broker dealer and a registered investment advisory firm. If you manage your own independent ria and have more than 100 million in assets under advisement give us a call. Give us a call we ll schedule a time.

The benefits of this type of model are clear. The hybrid ria model allows you to maintain both brokerage and advisory business a combination that can help you meet the unique needs of your clients and your business. One of the most common hybrid advisor setups is for an advisor to affiliate with an independent broker dealer and then establish a separate non affiliated ria firm that is fully owned and controlled by the individual advisor.