New York -- Business Transitions LLC has launched an online forum for registered investment advisors and fee-only financial professionals who want to buy or sell independent financial planning practices.

RIA Transitions, at www.riatransitions.com, is the fourth in the firm’s line of online transition planning sites, which also includes FP Transitions, which serves independent registered reps, and CPATransitions, which serves independent CPA firms.

The site offers a confidential listing system, an automated e-mail notification feature, detailed and industry-specific contracts, and closing/escrow services. In addition, advisors can sell portions of their books of business. According to the site, membership costs $100 annually. The fee is refunded when members buy or sell a financial services practice through the site.

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