"Fee-based" revenue is often "reoccurring" revenue.....

.....but "reoccurring" revenue is not necessarily "fee-based" revenue.

Confused yet?

Often incorrectly used interchangeably, these two phrases can mean entirely different things.

Depending on the profile of your practice, it's a difference that could determine whether your practice is a fit for the RIA model….or not!

In this episode of the Transition To RIA question & answer series I explain how these two variables differ, and what it could mean for your practice.

Come take a listen!

P.S. Prefer video? You can find this entire series in video format on Youtube. Search for the TRANSITION TO RIA channel.

Show notes: https://TransitionToRIA.com/what-is-the-difference-between-reoccurring-revenue-fee-based-revenue/

About Host: Brad Wales is the founder of Transition To RIA, where he helps financial advisors understand everything there is to know about WHY and HOW to transition their practice to the Registered Investment Advisor (RIA) model. Brad has 20+ years of industry experience, including direct RIA related roles in Compliance, Finance and Business Development. He has an MBA and has held the 4, 7, 24, 63 & 65 licenses. The Transition To RIA website (TransitionToRIA.com) has a large catalog of free videos, articles, whitepapers, as well as other resources to help advisors understand the RIA model and how it would apply to their unique circumstances.

You’ve likely heard it before, the economics are better in the RIA model.

But why is that?

To name a few:

• Higher top line revenue
• Ability to control expenses
• Operating leverage
• Tax advantages
• Flexibility to grow your practice faster
• Higher enterprise value

It’s important to understand how these variables compare to your current affiliation model.

In this episode of the Transition To RIA question & answer series I explain why the economics of your practice would be better in the RIA model.

Come take a listen!

P.S. Prefer video? You can find this entire series in video format on Youtube. Search for the TRANSITION TO RIA channel.

Show notes: https://TransitionToRIA.com/are-the-economics-better-in-the-ria-model/

About Host: Brad Wales is the founder of Transition To RIA, where he helps financial advisors understand everything there is to know about WHY and HOW to transition their practice to the Registered Investment Advisor (RIA) model. Brad has 20+ years of industry experience, including direct RIA related roles in Compliance, Finance and Business Development. He has an MBA and has held the 4, 7, 24, 63 & 65 licenses. The Transition To RIA website (TransitionToRIA.com) has a large catalog of free videos, articles, whitepapers, as well as other resources to help advisors understand the RIA model and how it would apply to their unique circumstances.

Do you own or rent your home?

What advice do you give your clients about owning vs renting?

While there are exceptions, owning typically has far better long-term advantages over renting.

Yet, many advisors don’t practice what they preach when it comes to the real estate they use for an office.

An advisor that spends their entire career in a W2 model (ex: wirehouse), experiences the same real estate disadvantages that a life-long home renter does.

In this episode of the Transition To RIA question & answer series I explain what the real estate advantages of the RIA model are.

Come take a listen!

P.S. Prefer video? You can find this entire series in video format on Youtube. Search for the TRANSITION TO RIA channel.

Show notes: https://TransitionToRIA.com/what-is-the-real-estate-advantage-of-the-ria-model/

About Host: Brad Wales is the founder of Transition To RIA, where he helps financial advisors understand everything there is to know about WHY and HOW to transition their practice to the Registered Investment Advisor (RIA) model. Brad has 20+ years of industry experience, including direct RIA related roles in Compliance, Finance and Business Development. He has an MBA and has held the 4, 7, 24, 63 & 65 licenses. The Transition To RIA website (TransitionToRIA.com) has a large catalog of free videos, articles, whitepapers, as well as other resources to help advisors understand the RIA model and how it would apply to their unique circumstances.