{"id":236228,"date":"2026-04-27T10:30:00","date_gmt":"2026-04-27T14:30:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/04\/27\/how-rias-land-premium-valuations-morgan-stanleys-web-privacy-suit-tips-to-handle-spendy-clients-why-advisors-leave-banks\/"},"modified":"2026-04-27T10:35:07","modified_gmt":"2026-04-27T14:35:07","slug":"how-rias-land-premium-valuations-morgan-stanleys-web-privacy-suit-tips-to-handle-spendy-clients-why-advisors-leave-banks","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/04\/27\/how-rias-land-premium-valuations-morgan-stanleys-web-privacy-suit-tips-to-handle-spendy-clients-why-advisors-leave-banks\/","title":{"rendered":"How RIAs land premium valuations; Morgan Stanley\u2019s web privacy suit; tips to handle spendy clients; why advisors leave banks"},"content":{"rendered":"<p><a href=\"https:\/\/www.linkedin.com\/pulse\/how-rias-land-premium-valuations-morgan-stanleys-web-9spac\">How RIAs land premium valuations; Morgan Stanley\u2019s web privacy suit; tips to handle spendy clients; why advisors leave banks<\/a><\/p>\n<p><a href=\"https:\/\/www.linkedin.com\/pulse\/how-rias-land-premium-valuations-morgan-stanleys-web-9spac\">https:\/\/www.linkedin.com\/pulse\/how-rias-land-premium-valuations-morgan-stanleys-web-9spac<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-04-27 10:30:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.linkedin.com\">www.linkedin.com<\/a><\/p>\n<p>\n          <span class=\"\"><\/p>\n<ul>\n<li><span class=\"font-[700]\">Why it matters:<\/span><span class=\"\"> From check-ins to tech tools to financial therapy, advisors share the techniques that help them manage clients who overspend and how to help those clients build up their \u201cfinancial muscle.\u201d\u00a0<\/span><\/li>\n<li><span class=\"font-[700]\">Key quote:<\/span><span class=\"\"> &#8220;Some of this stems from [clients] not being able to have the hard conversations with family about how much money they actually have. They&#8217;re not sure how to start the conversation. That&#8217;s where we step in.&#8221; \u2014 <\/span><span class=\"\">\n<p>        Jorie Johnson, CFP<\/p>\n<p>  <\/span><span class=\"\">, founder of <\/span><span class=\"\"><br \/>\n      Financial Futures LLC<br \/>\n  <\/span><span class=\"\"> <\/span><\/li>\n<li><span class=\"font-[700]\">Read more: <\/span><span class=\"font-[700]\">How to have hard talks with overspending clients<\/span><\/li>\n<\/ul>\n<p>  <\/span>\n        <\/p>\n<p>\n          <span class=\"\">In some ways, bank-based financial advisors have a great setup. Clients often come to them via referrals and without any prospecting. But there can be downsides. Research from <\/span><span class=\"\"><br \/>\n      Datos Insights<br \/>\n  <\/span><span class=\"\"> shows only about one-third of bank-based wealth units offer long-term investment programs for advisors. Within the bank channel, there can also be <\/span><span class=\"\">a lack of opportunity for advisors.<\/span><span class=\"\">\u00a0\u00a0<\/span>\n        <\/p>\n<p>\n          <span class=\"\"><\/p>\n<ul>\n<li><span class=\"font-[700]\">Why it matters: <\/span><span class=\"\">For bank-based advisors, the lure of independence can be impossible to resist. For Adam Cox, who had previously worked at an RIA before spending 10 years at a regional bank, establishing a path toward ownership was key in his decision to leave the bank and found an RIA\u00a0\u2014 as was the proliferation of tech support platforms now available to advisors going independent.\u00a0<\/span><\/li>\n<li><span class=\"font-[700]\">Key quote:<\/span><span class=\"\"> &#8220;I think the main reason why the independent channel is coming on so strong is you can provide advisors a path to ownership and a path to equity.\u201d \u2014 <\/span><span class=\"\">\n<p>        Adam Cox<\/p>\n<p>  <\/span><span class=\"\">, founder of <\/span><span class=\"\"><br \/>\n      Prairie View Wealth Partners<br \/>\n  <\/span><span class=\"\"> \u00a0<\/span><\/li>\n<li><span class=\"font-[700]\">Read more: <\/span><span class=\"font-[700]\">With no ownership prospects, bank advisors leave to form RIA<\/span><\/li>\n<\/ul>\n<p>  <\/span>\n        <\/p>\n<p>\n          <span class=\"\"><\/p>\n<ul>\n<li><span class=\"font-[700]\">Why it matters:<\/span><span class=\"\"> With the median RIA valuation hitting a record high last year, sellers&#8230;<\/span><\/li>\n<\/ul>\n<p><\/span><\/p>\n<p><a href=\"https:\/\/www.linkedin.com\/pulse\/how-rias-land-premium-valuations-morgan-stanleys-web-9spac\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>How RIAs land premium valuations; Morgan Stanley\u2019s web privacy suit; tips to handle spendy clients;&#8230;<\/p>\n","protected":false},"author":1,"featured_media":236229,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/media.licdn.com\/dms\/image\/v2\/D5612AQExU1PdcI7P7w\/article-cover_image-shrink_720_1280\/B56Z3PRTxNJ4AI-\/0\/1777298914878?e=2147483647&v=beta&t=FJl_dMsZ0IwrTVoJk2sWb2oB4dKOxtHOSMrHcfNbCec","fifu_image_alt":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-236228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-privacy"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/236228"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=236228"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/236228\/revisions"}],"predecessor-version":[{"id":236230,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/236228\/revisions\/236230"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/236229"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=236228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=236228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=236228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}