What is an Registered Investment Adviser?

Registered Investment Adviser and it is an investment firm that is “Independent”. By being independent, an Registered Investment Adviser is not obligated to try to sell the products of their firm/ employer. Thus, we have the freedom to find the best solutions to meet your needs. We must adhere to a fiduciary standard of care as laid out in the Investment Advisers Act of 1940, as amended. This standard requires Fiduciaries to act in the best interests of their clients. Registered Investment Advisers owe a fiduciary standard of care to their clients. This fiduciary standard of care is the highest standard within the investment industry. A Fiduciary is expected to be extremely loyal to the person he/she owes the duty, placing personal interests aside. This “Fiduciary Duty” that Registered Investment Adviser firms legally have to their clients is a reason that many clients choose to work with them.