Formalize operational policies and procedures to position new independent RIA for growth

Challenge:

 A new breakaway RIA needed to formalize their core operational procedures including service model for growth and custodian expansion.

How we helped

 Reviewed and formalized daily operations from the advisor and home office perspective

 Researched industry best practices and identified best processes for future growth

 Built out operational workflows, including the policies and procedures, and training manuals Developed a service model that includes strategy for staffing for growth

Client Benefits

The firm has formal operational infrastructure and documented policies and procedures (P&Ps) in place to support growth

The firm’s new strategic service model includes defined criteria for future staffing as the business grows Both the P&Ps and the service model position the firm to expand custodial relationships