When Your RIA Should NOT Hire an IT Company (Crazy Reasons)

Does your RIA actually need an IT company? Maybe not. In this video, I break down the situations where hiring Secure Wealth IT, or even another managed IT provider, might NOT make sense. We cover: • When your RIA may be too small for a full MSP • Why brand-new firms may be better off spending money elsewhere • Why major technology changes can make switching MSPs difficult • What happens if an SEC or FINRA exam is right around the corner • Why break-fix IT and managed IT are very different • The cybersecurity requirements we won't compromise on • How to tell if your current MSP is actually doing a good job If your current IT company understands financial services, responds quickly, keeps your firm secure, helps with compliance, plans ahead, and you trust them, you may not need to switch at all. But if some of those things are missing, it might be worth getting a second opinion. Secure Wealth IT works specifically with RIAs and financial services firms to help manage technology, cybersecurity, and compliance. Learn more at https://securewealthit.com/ Subscribe for more videos about RIA technology, cybersecurity, SEC compliance, and running a safer financial firm.