Expanding Your Services as an RIA

Expanding Your Services as an RIA

In today’s episode of the AccelRIA Podcast, Freeman Linde outlines “Expanding Your Services as an RIA.” Freeman is a Certified Financial Planner, Enrolled Agent, author, and the co-founder of La Crosse Financial Planning. An RIA in La Crosse, WI. Today’s topics include:

Tax Advice & Prep as an RIA

• Many do “tax planning,” few do “tax advice”
• Broker-Dealer blocks you
• Self-Filers
• Incredible power & advantage in tax advice
• Growth Accelerator

Prepare Taxes

• Enrolled Agent
  • Second best to CFP designation
• Clients love in-house tax prep
• Sticky clients
• Marketing tool

Who Not How

• Hire a CPA or become an Enrolled Agent
• Impossible at a Broker-Dealer, possible at an RIA
• Expand your mind and your services

Estate Planning

• Everyone does “estate planning”
• Client does nothing
• Two options:
  • $300 online will
  • $3,000 attorney will. $10k trust
• Do it in-house
  • Partner with other firms
  • Flat fee estate docs

Tax & Estate Planning Implementation

• We will train you how to implement this
• AccelRIA Services

Business Planning

• Do real business planning
  • Teach successful tactics
  • Collaborate with 401(k) implementation and benefits coordination
• No Broker-Dealer restrictions

Other Services

• Another niche?
• Other planning?
• The options are endless under an RIA

Action Items

• Subscribe
• 5-Star Rating & Thumbs Up
• Complete your AccelRIA Calculator
  • What services could you implement with those savings?
  • Who could I hire?
• Implement Tax Advice & Estate Docs in your business
  • AccelRIA Services
• Click “I’m Inspired” on AccelRIA.com