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
