Discover Registered Investment Advisors
The fastest-growing segment of the financial services sector
Most people have heard of major financial firms like Merrill Lynch, Smith Barney, and Edward Jones. But few people are aware of independent advisors, a different type of financial advisor.
Independent Registered Investment Advisors are generally smaller firms, run independently, and generally charge fees (not commissions on sales). They are the fastest-growing segment of the financial service-providing channels.
Independent RIA’s have grown by 50% over the last four years: there are approximately 20,000 independent RIA advisors, compared to 55,000 financial professionals in larger broker-dealer firms (wirehouses); independent RIAs manage approximately $1 trillion in personal assets compared to $4 trillion managed by wirehouses.
In order to become a Registered Investment Advisor, one must satisfy certain legal requirements — the most differentiating one being they have a fiduciary duty to keep client’s interest first in all advice.
We hope that this website helps current and potential investors discover this less known but major viable choice for investment advice.