Raymond James | IAD | Business Plan Calculator

Business Plan Calculator

To assist you with your estimation of the costs associated with owning and operating your business, we’ve put together a business plan template for you to calculate initial expenditures and monthly operating expenses. When appropriate, we can assist in refining your projections.

Estimated One-Time Start-up Expenses

Establish Registered Investment Advisor:	Estimated Guidelines	Wirehouse
Outside Consultant	$5,000 - $15,000	$0
SEC Registration Fees	$250	$0
State Notice Filing Fees	varies according to state	$0
	Establishing RIA Subtotal $
Office:
Deposit (approximately 2 months’ rent)	varies according to location	$0
Improvements	varies	$0
	Office Subtotal $
Furniture:
Furniture	$5,000 - $10,000	$0
	Furniture Subtotal $
Equipment:
Computers	$1,500 - $2,500 (Each)	$0
Printer	$500 - $1,500	$0
Scanner	$500 - $700	$0
Copier	$1,500 - $2,500	$0
Fax Machine	$250 - $500	$0
Telephone(s)	$750 - $1,200	$0
	Equipment Subtotal $
Miscellaneous:
Office Supplies	$200 - $400	$0
Stationary/Business Cards	$400 - $800	$0
Advertising	$500 - $1,500	$0
	Miscellaneous Subtotal $
	Total Initial Expenditures $

Annual Revenue

Advisor Net Revenue $
Total Revenue
Fee Revenue
Broker-Dealer Share of Revenue

Yearly Operating Expenses

Employee salary/benefits	varies
Office rent	varies according to location	$0
Telephone	$3,000 - $5,000	$0
Advisor’s Resource Technology	$600	$0
Real-time market data service	$1,500 - $2,000	$0
Ongoing Compliance Expense	$1,000 - $4,000	$0
Errors and Ommissions Insurance	$10,000 - $20,000	$0
Health Insurance	$3,000 - $5,000 (per person)	$0
Property & Casualty Insurance	$250 - $500	$0
Utilities	$1,000 - $2,000	$0
Advertising	$500 - $5,000	$0
Postage	$750 - $1,500	$0
Supplies	$400 - $700	$0
Subscriptions	$250 - $500	$0
Annual Registration Fees – SEC and State	varies according to location	$0
	Total Annual Expenditures $

Pre-Tax Profit $
Difference in becoming independent $

For further insights into your results,