i360

Enjoy the reason you started your firm… i360

Whether you are thinking about forming a Registered Investment Adviser (RIA), are newly registered, or are established, you are not alone if you struggle with the high costs of business infrastructure, compliance and third party vendor management. Couple this with trying to operate a profitable company while managing employees handling the operational and administrative tasks and it means more time away from clients, what you enjoy most. Many firms are successful, but sometimes not as profitable and gratifying to their owners as they could be.

Supporting and maintaining IT alone is a seemingly never-ending challenge. IT systems are in a constant state of flux and the costs of complying with hardware, software, and communications requirements seem only to escalate. Now, there are cloud-based configurations that are finally starting to bring the prospect of relief.

Two established industry service firms, Dynamic Wealth Advisors (DWA) and RegMaven, recognize this challenge and together are offering a holistic infrastructure & service platform. Their combined services include a complete RIA technology platform, a client information portal to enhance the client experience, investment operations, business workflows and compliance. This turn-key platform, which is tailored to the RIA’s resources and business goals, allows the firm’s Principals to focus their efforts and expertise “on the business” of their clients and revenue generation rather than “in the business” of administration. In addition, DWA and RegMaven assist client firms with business and succession planning for the exit strategy – sale, merger or transfer.

i360 – a full-service relationship including:

• SEC and State RIA Registration
  • Complete ADV Preparation and filing – ADV Parts 1 & 2 (A & B)
    • Manage and respond to any inquiries from Regulators
  • Custom Policies and Procedures Manual
  • Custom Business Continuity Plan
  • Privacy Policy and Statement
• Outsource Chief Compliance Officer – registered on your firm’s ADV
• Complete Compliance Administration
• Tailored Compliance offering to meet the firm’s requirements and resources
• Complete technology suite
  • CRM
  • Financial Planning
  • Business Planning
  • Investment Reporting
  • Performance reporting
  • Business workflows – designed for your firm
  • Direct links to all major custodians
  • Email, web site and social media archiving
• Comprehensive Middle and Back Office operational support
  • Account review and opening with custodian
  • Process account servicing requests
  • Quarterly Account billing and reports
  • Assistance with operational tasks
  • Client Account reporting and delivery per RIA specifications
  • Complete suite of workflows customized to your firm’s business model
• Investment management options
  • Advisor managed accounts
  • Third party managers
  • Strategic asset allocation models (Dimensional Fund Advisor accessible)
• Complete Transition Plan Support–paperwork, account transfers, training, practice management/marketing assistance
• Custom Business Plan Consulting
• Business Coaching and Consulting
• Business Continuity Planning
• Succession Planning

This comprehensive service allows the Advisor(s) to focus on their strengths – client acquisition and servicing while outsourcing the rest to skilled professionals with strengths in support, operations and compliance.

The benefits enjoyed by the RIA by engaging i360 include:

• Greater profitability / reduced expenses without compromising service to clients
• Improved P&L Management with fixed cost structure
• Opportunity for greater growth
• Established platform with history of success
• More competitive offering for your clients
• Ability to upgrade clients and expand services
• Enhanced professional image
• Reduced financial and reputational risk through greater compliance
• Opportunity to evaluate current personnel and benefits in operations and compliance

Additional benefits of i360 include:

• Improved Business Continuity Plan – Disaster Recovery
• Potential to more easily attract Financial Advisors by offering a comprehensive platform
• Quicker and more efficient time to market
• Ease of business line expansion and implementation
• Reduction of risks across systems, operations and compliance

Now, with i360 RIA principals have the opportunity to create stronger economic outcomes for their businesses as well as enhance their life styles. To learn more about how your firm can benefit from these services, schedule a confidential meeting by completing this form or call Dan Lonergan at 617-797-1712.