Investing is serious business. How well you manage your investments can make the difference between a comfortable retirement and working ‘till you drop. Most people use a financial advisor of some kind.
Back in the day, people opened an account with a major investment firm and used a broker who would call and make recommendations to buy or sell. They were essentially stock and bond salesmen whose loyalty was to their firms.
That has all changed.
The trend now is away from the major firms and toward Registered Investment Advisors – RIAs. RIAs are fiduciaries whose duty is to put their clients’ interests ahead of their own. They help people plan their future and take over the every-day investing decisions for them.
What can an individual expect from an RIA?
Arie J. Korving, a CERTIFIED FINANCIAL PLANNER™ professional, has been delivering customized wealth management solutions to his clients for more than three decades. Prior to co-founding Korving & Company, he was First Vice President with UBS Wealth Management and held management positions with General Electric.