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Definition of Ria : What Is a Registered Investment Advisor



Definition of Ria

Definition of Ria : A Registered Financial Advisor (RIA) is a person or firm that provides investment advice and portfolio management to high-net-worth people.

RIAs owe their clients a fiduciary duty, which means they are obligated to give investment advice that is always in their clients’ best interests.

What Is a Registered Investment Advisor (RIA) and How Does It Work?

Definition of RiaRIAs must register with the Securities and Exchange Commission (SEC) or state securities administrators, as the first word of their name implies.

Individual and institutional investors’ assets are managed by a registered investment advisor (RIA).

RIAs must register with the SEC and state regulatory agencies as a buy-side investment provider and fiduciary.

RIAs are paid in the same way as portfolio managers are paid: they charge a management fee based on a percentage of the assets they manage for a client (typically 1 percent per year of AUM).

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Recognizing RIAs

RIAs are regulated directly by the Securities and Exchange Commission (SEC) and are held to a higher level of behaviour than registered representatives since they serve in a fiduciary capacity.

This fiduciary standard states that, regardless of the circumstances, an RIA must always put the client’s best interests ahead of their own.

RIAs must also disclose any potential conflicts of interest to their clients and conduct themselves ethically in all business dealings.

Clients pay a percentage of their assets under management to some RIAs, while others charge an hourly or flat fee to provide advice.

A Series 65 licence is required for advisors who chose the latter model for their practises.

RIAs are paid in the same way that mutual fund managers are paid: they charge a management fee based on a percentage of the assets they manage for a customer.

Fees vary, but on average, they are roughly 1%. The more assets a client has, the lower the charge they can negotiate—as low as 0.35 percent in some cases.

Because the adviser cannot make any more money on the account unless the customer raises their asset base, this aligns the client’s best interests with those of the RIA (AUM).

Who Should Become a Registered Investment Advisor (RIA)?

\An RIA is defined by the Investment Advisers Act of 1940 as a “person or firm engaged in the act of providing advice, making recommendations, producing reports, or furnishing analysis on securities, either directly or via publications, for remuneration.”

Which regulators advisers must register with is largely determined by the value of the assets they manage, as well as whether they advise corporate or individual clients.

Generally, advisers with at least $25 million in assets under management or who provide advice to investment businesses must register with the Securities and Exchange Commission (SEC).

Advisors who manage smaller sums of money are usually required to register with state securities regulators. 2

Registration as an RIA does not imply that the SEC or state securities regulators have recommended or endorsed you.

It simply indicates that the financial advisor has met all of the registration criteria.

The required information for advisers who register with the SEC includes the advisor’s investment approach, assets under management (AUM), fees, any disciplinary actions, and, in the case of a firm, the main officers.

Other responsibilities include the RIA notifying the SEC of any potential conflicts of interest that have developed or may arise in the future as a result of their work.

The filing, which is made using Form ADV, must be amended every year to include information such as any new disciplinary rulings against the RIA.

As a public record, the form must be made available.

Some detractors argue that becoming an RIA is too simple compared to the responsibilities of other professionals.

The entrance criteria for becoming an RIA, according to Investopedia writer Mark Cussen, are “only a blip on the radar screen compared to those of more prestigious careers such as law, medicine, or accountancy.”

Cussen is a proponent of rigorous exams and curriculum, such as those required for the Certified Financial Planner (CFP®) title.

“These could help to raise the level of service that [RIAs] deliver to the public,” he argues.

Ongoing Responsibilities of the RIA

RIAs must follow particular policies and processes while providing advice to their clients, in addition to merely registering to earn their accreditation.

These include disclosing any risks or potential conflicts of interest associated with the deals they promote and ensuring that the client is aware of them.

If a customer questions an advisor’s suitability of an investment, the advisor must show that all reasonable steps were taken to communicate the risk and determine suitability.

Documentation is crucial in the eyes of the Securities and Exchange Commission.

If the SEC were to become involved in an investor complaint inquiry, it would demand complete evidence of the investment strategy adopted, as well as client records demonstrating awareness of the client’s investment profile and risk tolerance.

Competitors in the RIA

For the provision of investment services, RIAs compete with the following groups:

  • Mutual funds are a type of investment that allows you
  • Hedge funds are a type of mutual fund that invests
  • Wire house firms (for example, investment banks) – through wrap programmes for individual brokers.
  • Brokers who cater to do-it-yourself investors via the internet or at a discount.

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Cara Delevingne Does Hollywood Glamorous on the 2023 Oscars Red Carpet



Cara Delevingne

Cara Delevingne Makes Her Oscars Red Carpet Debut in an Eye-Catching Gown featuring a Thigh-High Slit
Delevingne will also serve as a presenter at tonight’s show. Cara Delevingne brought an old Hollywood glamour to Sunday’s 2023 Oscar red carpet.

At this evening’s award show, The Only Murders in the Building star, who is presenting, looked stunning in her daring red Elie Saab gown and Bulgari jewels. Her one-shoulder dress featured a thigh-high slit that showcased her platform Stuart Weitzman heels.

Delevingne took her glamorous style to the next level with a shimmery eye and bright rosy lip, finishing off with her hair pulled back off her face for an effortlessly stylish finish.

Delevingne, styled by Mariel Haenn and Rob Zangardi, got ready for her big night with hairstylist Danielle Priano and makeup artist Hung Vanngo. Vanngo used NakedBeauty MD Damsk Rose Revitalizing Gold-Infused Hydrogel Eye Masks to hydrate and plump Delevingne’s eyes – the ideal start to a glamorous night and the foundation for her makeup look.

Delevingne has been making waves on red carpets this awards season. She looked stunningly glamorous on the 2023 SAG Awards red carpet.

At the award show, model-actress Carolina Herrera, 30, stunned in an eye-catching long sleeve jumpsuit featuring plunging neckline decorated with large rosette appliques from their Fall/Winter 2023 collection. Additionally, this designer piece featured an overskirt which the star proudly showed off while walking down the red carpet.

Delevingne finished off her ensemble with black satin Casadei platform sandals and an amazing 74.73 carat necklace made of De Beers diamonds!

“Excited to be attending my first @sagawards tonight as part of the nominated cast of @onlymurdershulu!” she posted on Instagram alongside a picture of herself wearing the award show look.

Before the event, she shared on her Instagram Stories a behind-the-scenes glimpse of her beauty prep with Dior Beauty and celebrity esthetician Sarah Akram. To top it off, she donned bold brows and an intense red lip for full glam perfection.

Stay ahead of the curve with PEOPLE magazine’s best content, from captivating celebrity news to heartwarming human interest stories. Sign up now and stay in the know.

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Delevingne has never shied away from making daring fashion statements at red carpet events. Last year, she graced the MIPCOM 2022 Fremantle photocall in Cannes wearing a flowy black minidress with sweetheart neckline and cutouts, paired with black heels with ankle-cuff detail and delicate jewelry. Delevingne kept her makeup understated but glamorous with a nude lip and glowing cheeks.

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Cara Delevingne

Cara Delevingne

The Only Murders in the Building star chose soft waves for her hairstyle, giving off an effortless aesthetic that complemented her breezy dress perfectly.

Delevingne also donned an all-black ensemble when she hit the red carpet at Paris Fashion Week last September.

Delevingne had earlier missed a New York Fashion Week event to honor her collaboration with late designer Karl Lagerfeld, Cara Loves Karl. However, she was present at the Paris party to commemorate this momentous milestone.

Delevingne donned an oversized tuxedo blazer adorned with a harness belt bearing her late designer’s name and atelier address. Finishing off the ensemble were red lips and thigh-high black boots.

On Thursday morning, Delevingne debuted another Cara Loves Karl ensemble on Instagram with a carousel of photos featuring an elegant black blazer, matching pants and classic pointed-toe pumps. She chose not to wear a blouse underneath the blazer to show off its plunging neckline.


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LA Outfielder Draws Shohei Ohtani and Justin Bieber Comparisons | Angels News



Draws Shohei Ohtani

Draws Shohei Ohtani: Over the last couple of seasons, few MLB stars have garnered as much attention as Shohei Ohtani of the Los Angeles Angels. His production and dominance on the field has not been replicated in recent history and he looks set for possibly the largest contract ever when he hits free agency.

Being an international athlete from Japan, some might say his stature grows twice as fast as the average professional athlete. He’s currently representing his home country in the World Baseball Classic and they have yet to lose an official game with him leading the charge. If he can even grow any bigger than this right now, imagine what kind of legacy his name will carry if Japan were to win this entire tournament!

Draws Shohei Ohtani

Draws Shohei Ohtani

Ohtani has long since outgrown the title of professional baseball player, and more accurately describes himself as a global icon. Despite never making the playoffs thus far in his career, opposing franchises know what to expect when they encounter him on the field.

Bieber has sold approximately 150 million records during his music career and earned 26 Billboard Music Awards. He has performed on multiple world tours across various parts of Europe, further increasing his international fame.

Whitefield’s comparison of Ohtani to Bieber is a fitting compliment, given that Ohtani has only been with the Angels since 2018 and Bieber first burst onto the pop scene in 2010.

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Malaysia Denies Hong Kong Historic Asian Games Double Double in Squash



Malaysia Denies Hong Kong

After Hong Kong China upset India 2/0 to secure the women’s Asian Games Team Championship Squash title for the first time ever, Malaysia denied them a historic double by coming from behind and winning 2/1 in an exciting men’s final at Gelora Bung Karno Sports Complex in Jakarta, Indonesia.

The women’s final was a repeat of a qualifying tie 48 hours earlier in which Hong Kong, the second seeds, prevailed 2/1 over third seeds India to take pole position in Pool B.

India won the rematch in the final after pulling off an incredible upset, ousting defending champions Malaysia – led by newly-crowned ‘Greatest Player of All-Time’ Nicol David – who were seeded to take gold for a third consecutive time.

Unfortunately for the third seeds, Sunayna Kuruvilla could not reverse the outcome as she lost four games to Ho Tze-Lok before talented left-hander Annie Au secured gold for Hong Kong by defeating Indian top string Joshna Chinappa 11-3, 11-9, 11-5 in 28 minutes.

“HK team manager Rebecca Chiu expressed her pride in the girls,” who played well under pressure, adding, “I’m delighted for them and they certainly deserved this success.” Pictured above is the women’s presentation group from the 2002 Asian Games – congratulations!”

Hong Kong and Malaysia both advanced to the Jakarta men’s final unbeaten, hoping for their first-time title triumph.

At one point, it appeared a double was on the way when Yip Tsz Fung put Hong Kong ahead with four games to one over Malaysian Ivan Yuen after coming through an epic 20-18 second game.

With Malaysia on the brink of a thrilling comeback, team number one Nafiizwan Adnan (pictured above celebrating his triumph) defeated higher-ranked Max Lee 11-9, 11-7, 11-7.

Malaysia’s second string Eain Yow Ng – at 20 years old the youngest player in the squad – had never faced off against Hong Kong opponent Leo Au, the 2018 men’s individual gold medalist.

But in his biggest match yet, the young Malaysian truly came of age when he shutout Au in three games – 11-7, 11-7 and 11-4 – over 36 minutes to bring home gold for Malaysia.

“As a team,” exultant Ng (pictured above with his team-mates in the men’s presentation group) after their seventh consecutive win in the championship. “We came into this tournament knowing that we could win and it proved true for us.”

“I always felt confident that Nafiizwan would deliver a point for us and was just focused on my own game. However, I also did my homework well – doing lots of video analysis and beating the individual champion despite not playing in it!”

“I didn’t want to give up in my third Asiad without a fight. After being on the losing team twice already, I really gave it everything I had. Of course there was pressure when Ivan lost, but pressure is like dessert and that’s something that excites me!”

On Squash team finals day at Gelora Bung Karno Sports Complex, IOC President Thomas Bach was honored as guest of honor. Pictured below, Bach can be seen receiving a presentation from Asian Squash Federation President David Mui (far right).

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