Are investment advisors regulated?

Registered investment advisors are regulated by the government, unlike some other types of financial professionals. Several of the titles financial professionals go by, such as “financial advisor,” “investment manager” or “wealth manager” are not regulated.

What is a Registered Investment Advisor (RIA)?

Registered investment advisors (RIAs) are financial professionals or companies that can give you personalized investment advice and help with most financial topics. Registered investment advisors are regulated by the government, unlike some other types of financial professionals.

What is the difference between investment advisors and financial advisors?

Whereas investment advisors must put clients’ interests first, financial advisors – a term that often refers to various investment professionals, such as money managers, stockbrokers and insurance agents, among others – are held to a less stringent standard.