MYRIAD GIVES BACK THE REINS IN YOUR CAREER!
The notion of independence is tantalizing for financial advisors.
The task can seem daunting though, but not with Myriad in your corner.
One of your first priorities is to determine what kind of entity your independent business will take. Myriad helps you weigh the pros and cons of each model before moving forward with what suits you best.
Learn more about each below:
BUILD YOUR OWN ADVISORY FIRM
Registered Investment Advisor (RIA)
Have total control to customize and create every aspect of your business.
Hybrid RIA or Independent Broker-Dealer
Sacrifice some control to minimize business risk and gain access to the support, resources, and infrastructure.
OWN YOUR OWN BOOK OF BUSINESS
Affiliated with an existing RIA as a hybrid RIA (Hybrid RIA - Dually Registered)
Establish your own firm without sole financial responsibility and retain some autonomy within your practice.
Tuck-in/join an RIA, Hybrid RIA or IBD Firm as an employee
Plug into an existing firm’s culture and infrastructure. Rely on established processed, branding, and client experience.
YOUR PARTNERS ON AN INCREDIBLE JOURNEY
The prospect of going independent can be as paralyzing as it is tantalizing. Myriad gets it – we’ve helped thousands of advisors through the process. And we can help you. It starts with a step-by-step process that culminates with your grand opening!
INTRODUCTION CALL
High level review, advisor vision, & questions
SET THE TRANSITION DATE
Eliminate the fear of the unknown by setting your own timeline
DETERMINE START-UP BUDGET & FUNDS
Clarify your start-up budget for a successful launch
DEFINE NEEDS & REQUIREMENTS
Avoid stakeholder conflict & excessive rework by defining your needs
FORECAST REALISTIC TIMELINE
Stay on track & don’t worry about every detail