Every question you should ask before making this decision, answered plainly.
Yes. We offer multiple ways to financially support your transition. Depending on your situation and the size of your AUM transfer, we can structure one of three options: an upfront lump-sum payment, an increased payout rate over a defined period, or a flat rate per million of AUM that successfully transfers. Each option has different advantages depending on your client retention rate, timeline, and personal goals. We'll walk through all three with you so you can choose the structure that works best for your book of business.
Yes. We offer multiple ways to financially support your transition. Depending on your situation and the size of your AUM transfer, we can structure one of three options: an upfront lump-sum payment, an increased payout rate over a defined period, or a flat rate per million of AUM that successfully transfers. Each option has different advantages depending on your client retention rate, timeline, and personal goals. We'll walk through all three with you so you can choose the structure that works best for your book of business.
Advisor payouts at First Advisors National range from 65% to 90% of the client advisory fee, depending on your total AUM. Unlike most broker-dealers and RIA platforms that calculate payouts based on gross revenue, we base payouts on AUM, which means you are never penalized for discounting your fee or waiving it for select clients. The focus is simple: grow your AUM, and we pay you accordingly.
Advisor payouts at First Advisors National range from 65% to 90% of the client advisory fee, depending on your total AUM. Unlike most broker-dealers and RIA platforms that calculate payouts based on gross revenue, we base payouts on AUM, which means you are never penalized for discounting your fee or waiving it for select clients. The focus is simple: grow your AUM, and we pay you accordingly.
Goldman Sachs is not a typical RIA custodian, and that's intentional. While most custodians offer standard brokerage and account services, Goldman Sachs provides access to a significantly broader set of products and capabilities, particularly for advisors managing growth-stage clients. Among the most notable advantages:
For advisors at the $5M–$30M AUM level looking to deliver a truly differentiated client experience, Goldman Sachs as a custodian is a meaningful competitive advantage.
Goldman Sachs is not a typical RIA custodian, and that's intentional. While most custodians offer standard brokerage and account services, Goldman Sachs provides access to a significantly broader set of products and capabilities, particularly for advisors managing growth-stage clients. Among the most notable advantages:
For advisors at the $5M–$30M AUM level looking to deliver a truly differentiated client experience, Goldman Sachs as a custodian is a meaningful competitive advantage.
Through our primary custodian Goldman Sachs, you have access to one of the most comprehensive investment menus available to independent advisors:
Most independent advisors are limited to what a traditional custodian offers. FAN’s platform gives you institutional-grade access typically reserved for much larger firms.
Through our primary custodian Goldman Sachs, you have access to one of the most comprehensive investment menus available to independent advisors:
Most independent advisors are limited to what a traditional custodian offers. FAN’s platform gives you institutional-grade access typically reserved for much larger firms.
Our advisors pay a flat $100 per month, one of the lowest monthly commitments in the independent advisory space. That fee covers:
Other RIA platforms charge $500 or more per month for comparable coverage. At First Advisors National, there are no hidden fees. What you see is what you pay.
Our advisors pay a flat $100 per month, one of the lowest monthly commitments in the independent advisory space. That fee covers:
Other RIA platforms charge $500 or more per month for comparable coverage. At First Advisors National, there are no hidden fees. What you see is what you pay.
Yes, and we recognize that “community” means different things to different advisors. Some want full autonomy and prefer to operate independently. Others want regular connection with like-minded advisors to share ideas, referrals, and strategies. We support both “lone wolf” and “team player” mindsets, and everyone in between.
Additionally, we are actively building out our advisor community infrastructure, including a dedicated communication platform and peer network for advisors who want to stay connected. If you’re interested in being introduced to other advisors in our network before you commit, we’re happy to facilitate that conversation so you can evaluate the fit on your own terms.
Yes, and we recognize that “community” means different things to different advisors. Some want full autonomy and prefer to operate independently. Others want regular connection with like-minded advisors to share ideas, referrals, and strategies. We support both “lone wolf” and “team player” mindsets, and everyone in between.
Additionally, we are actively building out our advisor community infrastructure, including a dedicated communication platform and peer network for advisors who want to stay connected. If you’re interested in being introduced to other advisors in our network before you commit, we’re happy to facilitate that conversation so you can evaluate the fit on your own terms.
The biggest difference between First Advisors National and a traditional broker-dealer like LPL is independence, payout structure, fee model, and flexibility. At a broker-dealer, advisors are typically constrained to that BD’s models and infrastructure, off-the-shelf products, in-house compliance, and arbitrary policy changes. At FAN, you control all facets of those business levers for the betterment of your own practice.
For advisors in the $5M–$30M AUM range specifically, this matters because at this stage of growth you are generally prevented from exercising meaningful independence at a traditional BD. FAN was built precisely for advisors at this inflection point who are ready to take ownership of their practice.
The biggest difference between First Advisors National and a traditional broker-dealer like LPL is independence, payout structure, fee model, and flexibility. At a broker-dealer, advisors are typically constrained to that BD’s models and infrastructure, off-the-shelf products, in-house compliance, and arbitrary policy changes. At FAN, you control all facets of those business levers for the betterment of your own practice.
For advisors in the $5M–$30M AUM range specifically, this matters because at this stage of growth you are generally prevented from exercising meaningful independence at a traditional BD. FAN was built precisely for advisors at this inflection point who are ready to take ownership of their practice.
We work with independent financial advisors at any level of AUM; we have no hard minimum. Whether you're bringing over an existing book of $50,000,000+ or you're earlier in building your practice, what we truly value is a commitment to growing your practice. Our focus is on helping you move further than where you were before meeting us as your RIA platform. This means it doesn't matter if you're a seasoned advisor or at the inception point of your career. If you're unsure whether you qualify to join our independent RIA, contact us anytime and we'll be more than happy to schedule a call.
We work with independent financial advisors at any level of AUM; we have no hard minimum. Whether you're bringing over an existing book of $50,000,000+ or you're earlier in building your practice, what we truly value is a commitment to growing your practice. Our focus is on helping you move further than where you were before meeting us as your RIA platform. This means it doesn't matter if you're a seasoned advisor or at the inception point of your career. If you're unsure whether you qualify to join our independent RIA, contact us anytime and we'll be more than happy to schedule a call.
The timeline varies depending on your current firm, FINRA/state requirements, client paperwork, and your back office preparedness. However, on average, advisors complete the transition in as little as 2–3 weeks to several months. The process typically involves submitting a U5 at your current firm and simultaneously appointing with our firm. Once completed, you'll have access to our custodians and be introduced to your personal transfer team. We help guide you through each step and rely heavily on our custodians, who have teams in place to transfer clients "en masse" so you're not navigating it alone. Depending on the AUM transferring over and number of accounts, our custodians may be able to cover account closing and transfer fees for your clients.
The timeline varies depending on your current firm, FINRA/state requirements, client paperwork, and your back office preparedness. However, on average, advisors complete the transition in as little as 2–3 weeks to several months. The process typically involves submitting a U5 at your current firm and simultaneously appointing with our firm. Once completed, you'll have access to our custodians and be introduced to your personal transfer team. We help guide you through each step and rely heavily on our custodians, who have teams in place to transfer clients "en masse" so you're not navigating it alone. Depending on the AUM transferring over and number of accounts, our custodians may be able to cover account closing and transfer fees for your clients.