how to start advice-only RIA 2

https://gettransparentriapricinglife.opalvector.com/posts/why-transparent-ria-pricing-matters-for-clients-and-advisors

Starting an advice-only RIA means you cannot take custody of client assets or earn commissions. You first need to register with your state securities regulator and the SEC, then pass Series 65 or hold a CFP. Find a qualified custodian like Schwab or Fidelity to hold client accounts, and set up a fee-only billing structure, typically monthly retainers or hourly rates.