Quick Definition

A Registered Investment Advisor (RIA) is a firm or individual who advises clients on investments and manages their portfolios, adhering to a fiduciary standard that requires them to act in the best interests of their clients.

Examples

• 1An RIA helps a retiree manage their investment portfolio to ensure a steady income during retirement.
• 2A small business owner works with an RIA to diversify their investment holdings and reduce risk.
• 3An RIA conducts a comprehensive financial planning session for a young professional looking to invest in the stock market and save for a home.

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