Registered Investment Advisory
A registered investment advisor (RIA) is a professional or firm that is registered with the Securities and Exchange Commission (SEC) or state securities authorities to provide investment advice to clients in exchange for a fee. RIAs are held to a fiduciary standard, meaning they have a legal and ethical obligation to act in the best interests of their clients.
RIAs can provide a wide range of services, including financial planning, asset management, and investment advice. They may work with individuals, families, or institutional clients such as pension funds or endowments. RIAs may also specialize in specific areas, such as socially responsible investing, retirement planning, or tax planning.
