Retirement Plans - RIA Question
Can RIA reps administor retirement plans such as 401ks?
Are you really talking administration or are you considering advising? Administration is usually done by a broker with back-end systems, like Fidelity or Vanguard. I believe this requires a lot of infrastructure to be compliant and margins are extremely thin. Advisory work can be done without the overhead on a fee basis that is either fixed or dependent on the AUM.