What is an OCIO in the context of a Registered Investment Advisor (“RIA”)?

Definition: OCIO is an acronym for Outsourced Chief Investment Officer.

When used in an RIA context: “The RIA is not large enough to justify employing an in-house CIO, so they access an OCIO on a fractional basis.”

See also: Outsourced Chief Investment Officer, Vendors (OCIO)