PFI Advisors Announces New Breakaway Service Offering for Affiliated Advisors

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In its continued efforts to assist advisors in their transition to the RIA industry, PFI Advisors to offer breakaway services catered to advisory practices currently in various affiliated models

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"With a tighter focus, this allows for a smaller price tag than that of our full breakaway services offered to traditional wirehouse breakaway advisory teams.” Matt Sonnen

PFI Advisors (“Pure Financial Independence”) announced today that the firm will be offering a new breakaway service geared toward a different segment of financial advisors seeking Independence. Since its launch in 2015, PFI Advisors has offered full transition services to billion-dollar breakaway advisors leaving a wirehouse or bank environment for the RIA channel. This new service will be offered to Affiliated Advisors that have some experience running a business but are looking to take the final step toward Pure Financial Independence.

Affiliated Advisors are most often associated with an independent broker dealer, regional broker dealer, platform provider, corporate RIA, or have a larger parent firm managing certain aspects of their business that they would like to gain control over. “These advisors typically don’t need our full breakaway services. They often have their own office space secured as well as a competent operations team in place to handle the day-to-day running of an independent firm,” says Matt Sonnen, Founder & CEO of PFI Advisors. “We have designed our Affiliated Advisors breakaway offering to focus solely on providing: (1) support in building out and integrating systems specific to their new RIA and (2) guidance throughout their client transition process.”

In building out an advisor’s RIA infrastructure, PFI Advisors will work to ensure the advisor can offer the same products and services they have provided clients throughout their career and have the proper tools in place to deliver them. PFI Advisors also offers support before, during, and/or after an advisor’s resignation day, working closely with the advisor’s new custodian to process account paperwork and ensure end clients the smoothest transition possible to the new firm.

PFI Advisors’ latest service offering will still be geared toward the larger teams seeking Independence that simply need guidance through the operational decisions they face as they launch their new business. "With a tighter focus, this allows for a smaller price tag than that of our full breakaway services offered to traditional wirehouse breakaway advisory teams,” says Mr. Sonnen.

While many advisors engage PFI Advisors simply for transition support during the launch of their new RIA, others prefer ongoing support and consultation as they grow their business, in which case PFI Advisors offers COO Resource, a long-term, retainer-based service.

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About PFI Advisors

PFI Advisors (“Pure Financial Independence”) was founded in 2015 with the following mission in mind:

To further evolve the RIA industry from a collection of practices to businesses, and to be a continued voice in validating the industry as a legitimate landing spot for billion-dollar teams and their clients.

PFI Advisors is an operational consulting firm that supports the unique back office, technology, and operational needs of RIAs in growth mode. PFI Advisors conducts Technology Assessments, manages Technology Conversions, and provides M&A Preparation and Integration Services to RIAs seeking growth support. The firm announced the launch of COO Resource in January 2018, an ongoing retainer-based service in which RIAs and their Chief Operating Officers can leverage the knowledge and expertise of PFI.

For breakaway advisors, PFI Advisors manages full RIA set up and transition to Independence, including office build out, RIA infrastructure development, client transition, and billing services – all for a simple consulting fee. There is no complicated long-term AUM fee structure or equity stake required to build the firm’s future and provide advisors Pure Financial Independence.

Media Contact:

Anna Maria Garcia
(424) 336-9753

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Anna Maria Garcia
PFI Advisors
+1 (424) 336-9753
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