Trust Company of America, an independent technology and custody provider for registered independent advisors, announced an alliance with RIA in a Box, a registration and compliance firm.
The partnership, announced Tuesday, reflects heightened demand for Trust Company of America's Advisor Pathway's program, which assists RIAs in choosing a new career direction -- whether they want to start an independent RIA, join an existing one, or sell their practice and exit the market.
RIA in a Box serves RIAs looking to start a career in the industry or break away from the wirehouse model.
Were excited to partner with an industry leader to provide compliance and registration to newly independent advisors coming onto our platform," Josh Pace, senior vice president of business development at Trust Company of America, said in a statement.
As part of Advisor Pathways, Trust provides resources to support advisors in career transitions, including back office support, RIA-branded statements, custody, technology platforms, and a simplified conversion process. "Advisors also benefit from Trusts non-competitive partnership, whereby Trust fully aligns with advisors in their growth," the firm said.
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