Real excited to be part of the page. I am very grateful for what this industry has provided me, though it has been a tough ride.

Have several questions on the industry that I would love to ask 

Where would be the appropriate place to do it?? 

Seems like I don't have access to post on others

I am considering moving from wire house to RIA

I am very excited, weighing the possibility of going on my own

One question I have been unable to sort out is what I would do with my insurance business

I have several fixed LTC policies with Money guard and a few fixed annuities with different big name carriers AIG, Symmetry, Brighthouse

If I go with Schwab they don't seem to have option to hold these in accounts

Is it easy to obtain an independent appointment with these insurance carriers?? Or if not... Is there a reason course of action to become appointed through some local GA ? I would love to understand a best practice here if anyone can offer constructive input

You could contract direct or through an agency. 

You don’t have much variable annuity business?

I like the idea of lower compliance hurdles for the RIA for marketing seminars and Social media and outreach..

But hybrid transition is more work, but it allow me to bring over significant business to instantly be more secure and start off stronger

I am hoping to leap in September

If you have a good amount of mutual fund/annuity trails, you should probably just go hybrid (unless you think they are ok converting to fees).

You can always go hybrid and then transition to RIA only over time.  Once you're out of the wire there is no pressure on any changes you make.

Have one client that is large like 6 mil but it's mostly tied up in alts hedge funds, private equity, and gold programs 

He also carries a loan on some of the securities he holds

The whole idea of moving that thing seemed intimidating

You are right thou, idk what I was thinking. Mine as well grab everything I can.... it's worth it because it's like 50k+ in fees right there possible ... Significant for me, maybe not in general for everyone

And it would make it easier for other client 

Stopppp it! 

Better name would’ve been: Mark McGwirehouse

Sammy- I suggest you respond to the 4 PMs she sent you today or start a daily diary 

All I’m saying is — we could use more baseball fans around here. We’re over concentrated in college football and Brooklyn Nets. 

Follow up question

I met with attorneys last week

One package was approximately 45k for everything including compliance first year

The other was appx 5k , but I can choose my own compliance consultant for like another 5-6k or so like 11-12k vs 45k apples to apples

The first one was telling me that I would be taking a risk of being sued if I didn't have their program to protect me in place, and their legal maneuvers seem to offer a transition that could happen in a day or two vs couple  weeks with the other

Part of me thinks the difference in cost is worth the risk. Need to make a decision ok this by end of week 

Any input on this I would be interested to hear any perspective that is informed to some degree, obviously I don't view it as advice of any kind, just wondering if others might see things different

If so paying that money seems like a waste. 

I am meeting with the second attorney for a small paid consultation to find out what being a part of protocol means for how this can happen

Definitely a big plus

Protocol means you can take the clients name/contact information/account type and you can solicit your client.