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A Registered Investment Advisor is a government-regulated professional who actively manages your portfolio

9 days ago   |   By Business Insider

Registered Investment Advisors buy and sell assets and tailor investing strategies to clients' needs.
EmirMemedovski/Getty Images
A Registered Investment Advisor is a professional firm that manages the assets of clients and offers investment advice.
RIAs are registered with either federal or state authorities, are bound by SEC regulations, and are held to a fiduciary standard.
While RIAs traditionally have handled high-net-worth people's portfolios, they are now offering services and general financial counsel to the less-wealthy too.
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