Estimated time: 10 minutes
Overview
A one-page scorecard to help you match your goals and temperament to the right independence model—build your own RIA, supported independence, or joining an existing RIA. This independence profile worksheet helps advisors evaluate which independence path best aligns with their goals, economics, and operating preferences.
Key takeaways
- Score each model for going independent on goal, economics, support, speed, and operator burden.
- Circle the non-negotiables, then eliminate models that violate them.
- Use the scorecard before you talk to vendors so you stay in control of the process.
How to use the Independence Profile scorecard
- When going independent, treat each model 1–5 on the dimensions below.
- Mark any ‘dealbreakers’.
- Choose the top two models to investigate next.
Dimensions to score when going independent
- Client experience control
- Take-home potential
- Compliance/ops burden
- Speed to launch
- Support available
- Long-term equity creation
Next step
Run your numbers in the RIA Calculator, then build a readiness plan for going independent with your top model. After completing your independence profile, run your numbers in the RIA Calculator and build a readiness plan for going independent with your top model.
Disclosure
RIA Confidential is an educational resource center. Nothing on this page is legal, tax, or compliance advice. Consult qualified legal and compliance professionals for guidance specific to your circumstances.
