Starting Your Own RIA Timeline

Months until Transition
ExploreContact TD Ameritrade for help 6543210-
Choose your path
Consider the benefits of independence selected  
Understand choices for commission-based business selected    
Understand the potential financial impact selected    
Structure and Set Up Your BusinessContact TD Ameritrade for help6543210-
Define your business Tooltip

George determines to keep his commission business. His Transition Consultant suggests that a hybrid model may be right for him.

Select your advisory model and choose a business structure   selected    
Evaluate broker dealers for commission-based business if going hybrid   selected    
Legal and Compliance Tooltip

Through in depth conversations, George's Transition Consultant determines a hot button - compliance. George sends clients a monthly newsletter and turnaround time is an issue.

George's Transition Consultant introduces him to a compliance affinity provider.

Consult legal counsel regarding your current contract and other legal concerns   selected    
Finance
Estimate your start-up costs   selected  
Determine client impact   selected    
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Initiate your business plan
Choose a custodian and finalize your business plan   Tooltip

After speaking with other advisors who recently made a move and meeting with Senior TD Ameritrade leadership, George officially chooses TD Ameritrade Institutional as his custodian.

 
Select a broker dealer if going hybrid   selected    
Create marketing plan and collateral business cards, capabilities brochure, website   selected  
Prepare press release   selected  
Technology Tooltip

George views a Veo® demo and chooses a portfolio management system that works seamlessly with Veo.

Evaluate vendors for your technology needs; CRM, Portfolio Management, Reporting, Email, etc   selected    
Select technology systems and applications   selected    
Implement Technology   selected  
Infrastructure
Set up office   selected  
Account TransitionTooltip

George's Transition Consultants introduce him to the Business Transition Services Team to discuss the transition and fund mapping process.

Understand and prepare for the transfer of your accounts   selected  

Access to Affinity Services Program vendors is provided solely as a service to financial advisors using the brokerage, execution and custody services of TD Ameritrade Institutional. These services are offered at a discount directly through the participating vendors. Participating vendors are independent and are not employees or agents of TD Ameritrade. TD Ameritrade does not guarantee nor is it responsible for the quality or accuracy of any vendor's product or service. In no instance should the listing of a vendor be construed as a recommendation or endorsement by TD Ameritrade. Furthermore, TD Ameritrade does not recommend or endorse any security described by any vendor.

Examples provided are intended only as an estimated timeline. For illustrative purposes only. Results may vary. Brokerage services provided by TD Ameritrade Institutional, Division of TD Ameritrade, Inc., member FINRA/SIPC/NFA. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2014 TD Ameritrade IP Company, Inc. All rights reserved. Used with permission.