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NWAM, LLC, dba Northwest Asset Management and RIA Innovations is an SEC registered investment adviser.

For additional information please click the following link here.

B U S I N E S S    C O N T I N U I T Y

Succession planning is an often a forgotten but is an integral part of your business success and value proposition.  Succession planning provides peace of mind knowing that if something should happen to you,  your clients will be taken care of.  It is a simple and easy process that adds tremendous value to your organization. A lack of continuity planning may mean that you as an advisor have not met your fiduciary duty to act in the best interest of your clients.

Succession planning is an important part of a firm’s compliance program.   Should you become incapacitated or unable to fulfill your role as an investment advisor representative, RIA Innovations can provide a seamless transition for you and your clients.

 

A business continuity plan will be set up at the custodian level to ensure the custodian will provide RIA Innovations with immediate access to client data in the case of death, disability or even incapacitation of the primary advisor.

 

An investment advisor representative and a sales assistant will be assigned to your business. The assigned advisor will be the primary point of contact for all your client needs. In addition, experienced back office staff will also be assigned to your business to take over the day to day operations of your firm.  The result is uninterrupted service to your client.

 

RIA Innovations will work with your representative or power of attorney to ensure any transition to a permanent successor you may have designated.

SERVICES OFFERED

Business continuity plan setup at custodian level

 

 

 

Turn-key program

 

 

 

Seamless transition

 

 

 

STEPS TO PLANNING