Your guide to Retirement

We specialize in finding affordable and personalized plans that truly match your lifestyle. From essential health coverage to securing your future, our expert guidance ensures you get the protection you deserve, for all ages who need assistance.

RIA – Asset Management

A Registered Investment Advisor (RIA) is a firm or individual registered with the SEC or state authorities that provides personalized investment management and financial advice, legally bound by a fiduciary duty to act in their clients' best interests. RIAs typically manage portfolios for a fee based on a percentage of assets under management (AUM).

 

 

Key Characteristics of RIA Asset Management: 

  • Client Servicing:
    Monitor existing accounts, provide regular performance reports, educate clients, and adjust plans as needed.
  • Client Engagement:
  •  Meet with clients to understand their financial situation, goals, risk tolerance, and life changes (marriage, kids).
  • Business Development:
    Acquire new clients, build a strong client base, and meet sales targets.
  • Fiduciary Duty: Unlike broker-dealers who often operate under a "suitability" standard, RIAs are legally obligated to put client interests first.
  • Fee Structure: Compensation is usually a percentage of assets, typically ranging from 1% to 2% annually, which aligns the advisor's interests with the client's.
  • Services Provided: Beyond portfolio management, RIAs offer financial planning, tax mitigation, wealth transfer, and retirement income strategies.
  • Regulation: RIAs must register with the SEC (usually for over $100 $100 million in AUM) or state authorities. They provide clients with a Form ADV, disclosing business practices and potential conflicts of interest.
  • Independence & Customization: RIAs are independent, allowing them to offer customized investment solutions, including access to alternative investments, rather than being limited to proprietary products.
  • Types of Firms: The RIA channel includes diverse entities, including wealth managers, family offices, and independent financial planners. 
  • Develop and implement comprehensive strategies for budgeting, investing, tax reduction, insurance, estate planning, and retirement.
  • Investment Management:
    Research opportunities, recommend specific products (stocks, mutual funds, bonds, ETFs), and manage portfolios.
     

     

    Essential Skills & Duties:

     

    • Analysis: Interpret financial data, market trends, and client assets/liabilities.
    • Communication: Clearly explain complex financial products and strategies.
    • Sales: Drive new business and sell financial products.
    • Knowledge: Stay updated on laws, regulations, and investment product

     

     

    We offer a range of specialized services tailored to meet your individual needs. Our approach is focused on understanding and responding to what you require, providing effective and practical solutions.

     

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