Working with RIAs involves one big change for the Indian investors: RIAs are professionals, and charge fees for their services. Why?
RIAs are bound by regulation to only offer investment advice that “is in the investor’s best interest”. This is also known as working for the investor in a fiduciary capacity, or a capacity of trust. Thus RIAs charge fees, and forego commissions, to avoid all the conflicts of interest that distributors or agents face.
Watch a short video on Advisory Fees and How Much You Should Pay >>