Not a trend,
but a movement

The Registered Investment Advisor (RIA) model is attracting more assets—and clients—each year. A record number of RIAs now manage $1 billlion or more in assets. Is it your time to declare independence as an RIA?

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Go beyond the hype. Learn what top industry experts are saying about the RIA movement. Discover the advantages, from advanced products and technology to customizable client experiences. And explore the highly evolved RIA support network that can help your team transition, thrive, and—ultimately—redefine the financial advisor industry.

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Experience the rise of the RIA

Immerse yourself in the breakaway movement. Explore the latest developments, and dive into key issues and insights from those who’ve successfully transitioned.

Quadrant Private Wealth: Resources to help us succeed

Independence doesn’t mean alone. Learn why this RIA chose Schwab as its custodian and tapped Focus Financial Partners to set up operations.

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Concentus Wealth Advisors: Resources to help us succeed

Concerned about running your own business? See why one firm turned to Schwab and Dynasty Financial Partners to power their independence.

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Why RIAs are the future of financial advising

Momentum has shifted to the RIA

Momentum has shifted to the RIA. Discover why more investors demand a client-first approach and why RIAs are well positioned, as they strive to be trusted fiduciaries.

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Questions about the movement?

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Resources to help us succeed.
Quadrant Private Wealth

Going independent doesn’t mean going it alone.
There are a number of resources available to advisors who choose the RIA model.
Focus Financial Partners is a partnership of independent wealth management firms and one of many consulting options available to advisors.
Focus Financial Partners has worked with Quadrant Private Wealth during their transition to the RIA model and beyond.
Quadrant Private Wealth selected Schwab Advisor Services™ as their custodian.

Jason B. Cort, CPWA®
President, Founding Partner, & Private Wealth Advisor | Quadrant Private Wealth

One of the greatest challenges leaving the warehouse world was we didn't know how to run a business and we've always believed that you can't surround yourself with enough good people that can add value and at the same time have your best interest at heart.

Kori Lannon, CPWA®, CRPC®
CMO, Founding Partner, & Private Wealth Advisor | Quadrant Private Wealth

The real turning point for us was when we met the folks at Focus Financial Partners. They handed us a spreadsheet, I think it was a 250 to 300 point spreadsheet that said this is what you guys are going to have to accomplish in the next six months to make this work.

Marketing, technology, human resources, operations, you name it, if it's related to run a business Focus has a vested interest in helping us make smart, logical decisions.

Financially as well, they helped us to bridge the gap from running your own practice within a wirehouse to independently running your own practice. We continue to value Focus as an extremely useful resource. We collaborate with them very, very frequently. They just have such an extraordinary top-notch pool of intellectual capital to share.

Herman L. Rij, CIMA®
Chairman, Founding Partner, & Private Wealth Advisor | Quadrant Private Wealth

The decision of a custodian is obviously a very, very important one. We had the opportunity to interview many different firms. And when we got all said and done we just felt much more comfortable with the options available to us and support available to us through the people at Schwab.

Brian C. Cort, CFP®, CHFC, CRPC®
COO, CCO, Founding Partner, & Private Wealth Advisor | Quadrant Private Wealth

At the time of our transition one of the most asked questions was, are my assets still safe, and it was very easy to say that Charles Schwab Institutional was going to be the keeper of the assets.

We are obviously looking for someone that could safeguard our client assets, but also provide all the technology and all the support that would allow us to focus on what we do best, which is working with clients, and not have to worry about did we have access to research, did we have access to trading, did we have access to the basic, you know, accounting systems. Schwab took care of all of that for us.

Once we formed Quadrant and started to transfer our book of business, they were amazing at a time when we didn't have any extra hours or minutes or seconds to spare.

The hard work was absolutely worth it and if it wasn't for everybody in the firm really having each other's backs and understanding that it would take a joint effort. And Schwab there right with you gave you a sense of well-being that you could just put your head down, focus on the task at hand and make it through the transition.

©2017 Charles Schwab & Co., Inc. All rights reserved, Member SIPC. (0817-72P0)

Disclosures

Information included during this video is intended to be an overview and is subject to change. Experiences expressed by advisors may not be representative of the experience of other advisors and are not a guarantee of future success.

Quadrant Private Wealth is not owned by or affiliated with Schwab, and its personnel are not employees or agents of Schwab. This video is not a referral to, endorsement or recommendation of, or testimonial for the advisor with respect to its investment advisory or other services.

Focus Financial Partners is a partnership of independent wealth management firms and one of many consulting options potentially available to transitioning advisors. Focus Financial Partners and their employees are not affiliated with or employees of Schwab unless otherwise noted. Their mention should not be construed as a recommendation by, endorsement of, or sponsorship by Schwab. The views expressed are those of Quadrant Private Wealth and are provided for informational purposes only. Experiences expressed are no guarantee of future performance or success and may not be representative of you or your experience. You must decide whether to hire any firm and the appropriateness of their services for you or your firm.

Schwab does not supervise third-party firms and takes no responsibility to monitor the services they provide to you. Experiences expressed are no guarantee of future performance or success and may not be representative of your experience.

Schwab does not provide legal, regulatory or compliance advice. Consult professionals in these fields to address your specific circumstance.

Schwab Advisor Services™ (formerly known as Charles Schwab Institutional) serves independent investment advisors and includes the custody, trading, and support services of Schwab.

Independent investment advisors are not owned by, affiliated with, or supervised by Schwab.

©2017 Charles Schwab & Co., Inc. (“Schwab”). All rights reserved. Member SIPC.

Resources to help us succeed.
Concentus Wealth Advisors.

Going independent doesn’t mean going it alone.

There are a number of resources available to advisors who choose the RIA model.

Dynasty Financial Partners is a partnership of independent wealth management firms and one of many consulting options available to advisors.

Dynasty Financial Partners has worked with Concentus Wealth Advisors during their transition to the RIA model and beyond.

Concentus Wealth Advisors selected Schwab Advisor Services™ as their custodian.

Gerald “Zeke” Strid
Founding Principal | Concentus Wealth Advisors

We are on a rocket ship right now. The changes in our industry are so fast and so dramatic it’s not even funny.

Paul Strid
Founding Principal and COO | Concentus Wealth Advisors

Concentus is located just outside Philadelphia in an area called The Main Line. We grew up here so we’ve been in this area for a long time, and I think that shows in our business and our clients.

Erik Strid
Founding Principal and CEO | Concentus Wealth Advisors

I had a sense that in the long run, we eventually wanted to become independent and have our own independent business.

We didn’t want to join a model that gave up the equity of our firm to someone else.

So, one of the things we really should have been concerned with was actually running the business and doing the things it takes to set up a business.

We were introduced to Dynasty Financial Partners through Schwab. Their slogan is “Powering Independence.”

The folks at Dynasty call themselves an outsourced middle office for independent registered investment advisor firms.

They power our independence. They help us go independent and be successful at being independent.

They were gonna really work with us very closely to help us to make sure that our transition was successful which they did.

Set up HR and payroll and insurance.

The combination of Dynasty Financial and then Charles Schwab as our custodian was really just very compelling for us.

We knew that when we were gonna be going to talk to our clients about the fact that we’re recommending they use Charles Schwab as their primary custodian, we weren’t gonna have any push-back. That feeling of safety of assets permeated everything that our clients understood about Charles Schwab.

We had all hands on deck during the transition, we had plenty of help.

It was really just a great combination to have those two firms at our disposal and helping us make sure this transition would be successful.

And it was great to just have more camaraderie here, more high fives to go around when we had a big client say yes.

There are a lot of fears about going independent. Clearly they are there and they can be daunting. But having been through it, you look back and you’re like oh my gosh I can’t believe how far I’ve come in a year. If you’re thinking about it… do it… is my advice.

Disclosures

©2017 Charles Schwab & Co., Inc. (“Schwab”). All rights reserved. Member SIPC. (1117-78V1)

Information included during this video is intended to be an overview and is subject to change. Experiences expressed by advisors may not be representative of the experience of other advisors and are not a guarantee of future success.

Concentus Wealth Advisors is not owned by or affiliated with Schwab, and its personnel are not employees or agents of Schwab. This video is not a referral to, endorsement or recommendation of, or testimonial for the advisor with respect to its investment advisory or other services.

Dynasty Financial Partners is a partnership of independent wealth management firms and one of many consulting options potentially available to transitioning advisors. Dynasty Financial Partners and their employees are not affiliated with or employees of Schwab. Their mention should not be construed as a recommendation by, endorsement of, or sponsorship by Schwab. The views expressed are those of Concentus Wealth Advisors and are provided for informational purposes only. Experiences expressed are no guarantee of future performance or success and may not be representative of you or your experience. You must decide whether to hire any firm and the appropriateness of their services for you or your firm.

Schwab does not supervise third-party firms and takes no responsibility to monitor the services they provide to you. Experiences expressed are no guarantee of future performance or success and may not be representative of your experience.

Schwab does not provide legal, regulatory or compliance advice. Consult professionals in these fields to address your specific circumstance.

Schwab Advisor Services™ serves independent investment advisors and includes the custody, trading, and support services of Schwab.

Independent investment advisors are not owned by, affiliated with, or supervised by Schwab.