Ep 016 - The Ugly Truth About Broker-Dealer Compliance Every Financial Advisor Must Know (And How to Go RIA) - feat. Chuck Failla

Join us for an incredible episode of The Advisor's Edge Podcast as host Rob Jacomen and co-host Chad Ramberg welcome industry veteran and RIA pioneer Chuck Failla, founder of Sovereign Financial Group, Inc. and GoRIA.com.

Most financial advisors dream of true independence—but broker-dealer compliance often gets in the way.

In this candid discussion, Chuck reveals why the traditional broker-dealer model might be holding your business back—and how going independent as an RIA can transform your career, client relationships, and financial future.

What you'll learn in this episode:

✅ Why Broker-Dealer compliance could be quietly sabotaging your growth.
✅ The single biggest mistake advisors make when transitioning to an RIA (and how to avoid it).
✅ Goals-based vs. Cashflow-based planning: Why getting this right can skyrocket your value to clients.
✅ How Chuck scaled Sovereign Financial from zero clients to a leading RIA without cold calling.
✅ The simple decision-tree method to determine if you should build your own RIA or tuck into an existing one.

This episode is your guide to true freedom as a financial advisor—don't miss it.

⚠️ If you're a financial advisor frustrated with broker-dealer limitations—this episode will give you the clarity, confidence, and practical steps you need to take control of your business.

Connect with Chuck Failla, Founder, Sovereign Financial Group & GoRIA:
LinkedIn: https://www.linkedin.com/in/charlesfailla/
Website: https://www.goria.com
Podcast: https://www.goria.com/podcast

Follow Us:👇

Advisors Edge Podcast: https://www.linkedin.com/company/the-advisors-edge-podcast/

Rob Jacomen: https://www.linkedin.com/in/rob-jacomen/
Founder, Alchemy Content Lab & Nichebuilders

Chad Ramberg: https://www.linkedin.com/in/chad-ramberg-71278533/
President, Box Professional Insurance

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Special thanks to Box Professional Insurance for sponsoring our show—because great leaders have a backup plan they can depend on.

Box Professional specializes in helping RIAs protect their businesses with tailored coverage, so you can focus on growing your firm while we handle the risks.

Learn more at https://www.boxproinsurance.com/

Box Professional Insurance:

Be protected. Feel empowered.

To Book a Call with Us: https://calendly.com/d/z3t-b6h-xt5
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Listen to the full episode on your favorite podcast platform and take the first step towards transforming your advisory practice today!