Evaluating Proposals for Investment Advisory Services

Selecting the right Registered Investment Adviser (“RIA”) to manage your assets is one of the most important decisions you make as a financial professional. You need to make sure to ask the right questions and request the appropriate level of supporting documentation to make the most informed decision. The questionnaire as a primary reference point for these evaluations is known as a Request for Proposal (“RFP”).

This paper focuses on several key points:

• Things to consider when drafting your RFP;
• Considerations to keep in mind when reviewing responses from RIAs;
• Supporting documentation to request as part of this process; and
• Data points to reconcile as part of this evaluation.

READ MORE