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WHAT IS A REGISTERED INVESTMENT ADVISOR (RIA) AND HOW DOES THIS DIFFER FROM A BROKER?

April 26, 2017advisor broker differ Investment registered ria

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WHAT IS A REGISTERED INVESTMENT ADVISOR (RIA) AND HOW DOES THIS DIFFER FROM A BROKER?

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DAAT Asset Management has an RIA designation in the state of California. An RIA has to be licensed in the state in which it does business. Oversight of activities is regulated and the Form ADV, which is filed with the state, is required to be current and available to all clients of the advisor. An Important distinction between an RIA and a traditional broker is that an RIA does not benefit from any commissions charged to your account. The sole compensation that the RIA receives is its fee. In the case of DAAT Asset Management, our incentive is to increase the total asset value of your account because our fee is based upon that value. Click here to return to the top of the page.