Registered Investment Advisor (RIA) custodians should offer value beyond custody and trading services. In fact, selecting your custodian may be one of the biggest decisions you make on the way to independence. A custodian can be your biggest advocate in launching and growing a strong RIA practice. Transitioning to independence can be intimidating. You have to carefully consider timing, costs, and legal risks as well as how the transition will affect your clients. A custodian can work with you and serve as a knowledgeable guide.