SEC Registered

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

Definition: This refers to when an RIA is registered by the SEC. While not the only potential deciding factor, SEC registered RIAs typically have more than $100M in client assets.

When used in an RIA context: “The financial advisor started his own SEC registered RIA.”

See also: Episode 2, Securities & Exchange Commission, SEC