Registered Investment Adviser Stocks List
Related Industries: Asset Management Insurance - Life
Related ETFs - A few ETFs which own one or more of the above listed Registered Investment Adviser stocks.
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
PBDC | A | Putnam BDC Income ETF | 4.55 | |
SMIG | D | AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF | 4.21 | |
KCE | A | SPDR S&P Capital Markets ETF | 3.44 | |
MARB | D | First Trust Merger Arbitrage ETF | 3.42 | |
MRGR | A | ProShares Merger ETF | 2.46 |
Compare ETFs
- Registered Investment Adviser
A Registered Investment Adviser (RIA) is a firm that is an Investment adviser in the United States, registered as such with the Securities and Exchange Commission or a state's securities agency. The numerous references to RIAs within the Investment Advisers Act of 1940 popularized the term, which is closely associated with the term investment advisor (spelled "investment adviser" in U.S. financial law). An investment adviser is defined by the Securities and Exchange Commission as an individual or a firm that is in the business of giving advice about securities. However, an RIA is the actual firm, while the employees of the firm are called Investment Adviser Representatives (IARs).
Registered Investment Advisor firms receive compensation in the form of fees for providing financial advice and investment management. They are required to act as a fiduciary. This is very different from broker-dealers and their representatives, who provide recommendations for a commission. Broker-dealers and their representatives are not required to act as a fiduciary, they simply must make suitable recommendations for a client. This is a different standard of care, but most consumers are unaware of the difference, as any of these professionals may call themselves a financial advisor.
In some instances a firm may be "dual registered", meaning they are a registered investment adviser along with being registered as a broker-dealer. In that case they may provide advice for a fee and collect a commission on certain product sales.
Recent Comments
- TraderMike on Bollinger Band Squeeze
- TraderMike on Bollinger Band Squeeze
- OpenCat584 on Bollinger Band Squeeze
- Dr_Duru on Expansion Breakout
- TraderMike on New Scans: Strong, Oversold Stocks and Weak, Overbought Stocks
From the Blog
Featured Articles