What does a RIA do?

A Ria, which commonly refers to a Registered Investment Advisor, is a professional or firm that provides financial advice and manages investment portfolios for clients. RIAs are registered with the SEC or state regulators and have a fiduciary duty to act in the best interests of their clients. They offer personalized financial planning, retirement strategies, and investment management services, often charging a fee based on assets under management. Their goal is to help clients achieve their financial objectives through tailored advice and prudent investment decisions.