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What does it mean to be a Registered Investment Advisor (RIA)?

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What does it mean to be a Registered Investment Advisor (RIA)?

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Cela Advisors, LLC is a SEC registered advisory firm. All professional investment management companies are required to register with the U.S. Securities and Exchange Commission (SEC) and/or the State(s) in which the firm conducts business activities. That registration is called an ADV, and it is available in two parts. ADV Part I is basic information about the advisory business and ADV Part II explains our services and fees. Both of these documents are available by requesting a copy from us or from the SEC website www.adviserinfo.sec.gov.

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