What Are Your Options as an RIA?

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Registered Investment Advisors (RIAs) are among some of the top professionals in the finance field. What separates them from the rest of those in the industry is that they have to register with the SEC because they manage more than $25 million in assets.

Those managing smaller investments only have to register with the state securities authority. An RIA's investments will be scrutinized by a higher office and will have to adhere to more regulations, meaning that investors are better protected.

For those seeking to become RIAs there are many options. This is why contacting a financial advisor recruiting firm is a good way to find the right opportunity.

Moving Up or Over to Bigger Firms

When you have a client list you have power. That power is over your own destiny, and it is an amazing thing.

For RIAs who find themselves in situations that are untenable, they do not have to sit back and deal with the hassles that are causing them so much stress. This is because the relationships they have developed with their clients ensure the clients will want to stay with them even if they make a move.

For example, one of the most well-known investment advisors is Alex Ehrlich. Mr. Ehrlich is a great investor and also very generous with his time toward good causes (he is on the board of Portfolios With Purpose), and if he was to make a move to JP Morgan, Barclay's, or even a boutique firm, his clients would follow because they know that it's not the company he works for that makes them so much money, it's him.

Move to Leadership Roles Elsewhere

This understanding of business cycles, handling funds, and turning money into more money is the very reason that many investment professionals get recruited to companies in large and small cities around the world. A business leader from the investment world has a hand in most - if not all - areas of business through the allocation of raised capital. Most lucrative, important leadership roles in the industry are brokered through financial advisor recruiting firms to find the very best of the best.