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RIA In A Box Finds Its Registered Investment Advisor Consulting Services in High Demand, Even in Today's Tough Economy

Company Growth up Substantially, Adds Offices in NY and Florida

June 17, 2009, Houston, TX – RIA In A Box (www.riainabox.com), a consulting business aimed exclusively at fast, efficient creation of registered investment advisory firms, today announced it has expanded beyond its Houston headquarters, adding offices in Manhattan and Orlando, Florida. In addition, the company states that it has experienced substantial growth in each of the last two years.

The double digit growth of RIA In A Box both this year and last has been particularly interesting given the economic climate of the last year. "I think my clients are anxious to take more control of their own future, not be tied to a broker/dealer, and are ready to evolve and grow with new vigor," Zachary Gronich, RIA in a Box owner and lead compliance consultant stated. "This is counter-intuitive given the aftermath of the worst financial collapse in decades and in the face of the Madoff scandal."

To help meet the growing demand, Gronich's firm is adding new offices to its headquarters to deliver additional service around the country. Focusing exclusively on delivering fast, efficient and accurate registration with all fifty states and the SEC, RIA in a Box generally completes the required registration materials in three to seven days and then submits them to the appropriate governmental organizations.

"We are able to deliver the experience, speed and price RIAs need to get in business as quickly as possible," explains Gronich. "Since I have my own RIA firm, I know how this provides a competitive advantage -- getting yourself established with an RIA fast and cost-effectively. We tailor a program to your specific needs and take care of everything."

During this recession year and even with the misfortunes of the Madoff Ponzi scheme, more firms are registering as RIAs, at least from Gronich's perspective. "We suspect the growth of RIA registrations may be a consequence of people wanting to take more control of their careers and set themselves up for success in the financial industry."

One of RIA In A Box's newest RIA firms is NMS Capital (www.nmscapital.com) in Beverly Hills, California. Trevor Saliba of NMS Capital worked with Gronich's company to complete the paperwork and registration submission as efficiently as possible and was just approved as an RIA this month. Saliba says the experience with Gronich's company made the RIA submission "simple and user friendly." Says Saliba, "I could tell from the first conversation that Zachary is very hands-on and that he really knows what he is talking about. I went to some attorneys first and they were very expensive, and then I checked out some consultants who were expensive and didn't give me any flexibility. RIA In A Box offered what I needed."

In fact, Saliba commented, he tried to do a portion of the submission himself and got frustrated and asked Gronich to re-do that part and finish it for him. "He was able to do it all and I am very glad not to have that headache." As for the timing of becoming an RIA now, Saliba says "I am very optimistic and feel that the times are right for people to utilize the services of independent RIAs rather than stock brokers attached to certain types of investments. I am able to pick best-in-class investment vehicles, depending on my clients' needs."

About RIA In A Box

RIA IN A BOX is a consulting firm specializing in preparing RIA registration materials for the creation of registered investment advisory firms most efficiently, submitting the requirements to the states and SEC in only three to seven days. Since its founding by Zachary Gronich, CPA/PFS, in 2005, RIA IN A BOX has helped over 700 advisory firms get registered quickly and correctly the first time. RIA IN A BOX works with all 50 states, DC, and the SEC. The firm is headquartered in Houston and recently opened additional offices in Manhattan and Orlando, Florida. For more information, visit www.riainabox.com or call (866) 611-7638.

 

 
 
RIA In a Box is not a law firm, CPA firm, or an investment adviser. No information or advice should be deemed, in any way, to be legal advice, tax advice, or investment advice. If you require the services of a lawyer, we do recommend that you seek an independent attorney.
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