The Ascendia Process
Our process is straight forward yet thorough. We examine every element of your firm to ensure it is prepared to become its own RIA, then back it with world-class shared services.
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Step 1. Initial Consultation
Let’s kick things off. This is where we meet and truly understand you, your firm and your true desires to become an independent RIA. We take a deep look on how our Partnership will help.
- First, we’ll meet with you to understand the firm's history, vision, and overall preparedness to become a successful RIA. What are the motivating factors driving you to independence?
- Our team will then perform an initial audit looking at the overall health of the firm. We pay attention to financials, profitability, processes, technology, and org structure and sustainability.
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Step 2. Customized Planning
Together, we will create a roadmap to your RIA independence, starting right at the very first step. Your customized plan will contain clarity for all teams involved in the transition process. Nothing is left behind.
- Your plan will be broken down in detail, by department, with the associated timelines to get the work completed on schedule.
- The custom plan will contain a strong mix of Ascendia experts and key individuals on your staff. Team integration is crucial to a successful RIA launch.
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Step 3. Implementation & Formation
This is where it all happens. Our integrated team will work side-by-side to ensure that the custom plan gets executed as designed. Our goal is always to complete the RIA Formation in 90 Days.
- Over the next 90 days, our teams will work continuously to ensure that each task is completed on time and with high accuracy.
- Even though there is constant communication on a daily basis, the collective team will assemble weekly to address and resolve any challenges in our way. Constant communication will prevent any delays.
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Step 4. Execution & Growth
Congratulations!!! You are a new RIA that has achieved independence! Now that the firm is standing on its own, now is the time to implement and execute our Shared Services model and get to work.
We will deploy critical resources consisting of Compliance, Finance, HR, Technology, Analytics, and Strategic Coaching. The foundation of our service model will provide the infrastructure for near-term execution with the eye on long-term growth.
We will deploy critical resources consisting of Compliance, Finance, HR, Technology, Analytics, and Strategic Coaching. The foundation of our service model will provide the infrastructure for near-term execution with the eye on long-term growth.
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Step 5. Potential Equity Infusion
We can leverage our network of business partners to make the assessment if an equity infusion is right for your RIA. If appropriate, a business may want a non-controlling equity infusion to leverage
for re-investment back into the business to fuel strategic growth, or you can monetize a small piece of your business in its early stages of being an RIA.
Collaborate with Us!
Ascendia Partners will drive strategic business growth while ensuring your independence.
We have the track record to prove it. Let us prove it again.