What is a Registered Investment Advisor?


A Registered Investment Advisor (RIA) is an advisor or firm engaged in the investment advisory business and registered either with the Securities and Exchange Commission (SEC) or state securities authorities. RIAs have a fiduciary duty to their clients, which means they have a fundamental obligation to provide suitable investment advice and always act in their clients' best interests. For more information, please see: Registered Investment Advisor (RIA) http://www.investopedia.com/terms/r/ria.asp#ixzz4qh09jPqw