Our Firm’s Evolution: From Broker-Dealer to RIA (Ep. 79)
Many believe that the broker-dealer channel and the Registered Investment Advisor (RIA) space are the same, but this couldn’t be further from the truth.
The real difference lies in their core focus — while one is geared toward sales, the other is deeply rooted in advice, impacting your investment journey vastly.
Brent Mekosh walks you through their strategic move from the broker-dealer world to becoming a Registered Investment Advisor (RIA) in this week’s episode of Smart. Money. Simplified.
Listen in and discover the challenges, insights, and unexpected benefits of making such a significant shift in the financial advisory landscape, directly from someone who’s navigated the complexities firsthand.
Brent discusses:
- His transition from being a broker-dealer to a Registered Investment Advisor (RIA) and what is the reasoning behind it
- The value of merging teams for growth and expanded capabilities
- How do alternative investments diversify a portfolio beyond traditional stocks and bonds
- How his clients reacted to this business change
- The crucial aspects of client communication during these transition times
- And more!
Connect with Brent Mekosh:
- 602-255-0555
- LinkedIn: Brent Mekosh
- The Wealth Stewards
Podcast: Play in new window | Download | Embed