Ask Brad: Transitioning to the RIA Model Under the Biden Administration

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This is the latest installment of a new, regular column to answer questions from advisors who are considering transitioning to an RIA model. To see Brad’s previous articles, click here. To submit your question, please email Brad here.

The overlords of clickbait said I need to make this a highly partisan article to maximize readership.

But my answer to this question is the same with Biden or Trump. Let me explain.

With a new administration underway, you might be asking yourself if the president will:

  • Increase or decrease regulations on the financial services industry?
  • Revisit the “DOL rule”?
  • Adjust Regulation Best Interest?
  • Look to steer the SEC in a new direction?
  • Establish a more uniform fiduciary standard?

These questions could have been asked of Biden or Trump.