A Registered Investment Advisor (RIA) has a fiduciary duty to act in the best interest of clients. Experts explain what that means for clients, as well as how a Registered Investment Advisor Bond serves as a form of public...

What does it take to achieve the status of a Registered Investment Advisor or an RIA? According to Investopedia, individuals who are eager to work as “independent financial advisors to individual investors, to manage assets and/or provide financial counsel,” typically...

A Registered Investment Advisor is an individual or company engaged in the investment advisory business. But how do you actually become a Registered Investment Advisor (RIA)? In order to become a Registered Investment Advisor, you have to register with either...

The responsibility of conducting due diligence on the retirement plan advisor is a daunting tasks for most plan sponsors. Without finance and investment experience, it can indeed be difficult to periodically review the performance of a current advisor, or conduct...

It makes good sense for retirement plan sponsors to contract with an investment professional for guidance on the plan. Unfortunately, many plan sponsors are unclear on what, if any, fiduciary responsibilities the investment professional is accepting. Experts share advice about...

License bonds are required by federal, state, and local government agencies as prerequisites for many licensed businesses to legally operate. Permit bonds are required before a government agency will issue a permit to a business.

A fiduciary is an organization or individual that holds the critical power and responsibility of acting on behalf of others. A fiduciary pledges to carry out their daily duties honestly and through good faith. A fiduciary duty requires professionals like financial...

On February 21st, 2020, the Massachusetts Secretary of the Commonwealth filed the final rule of a fiduciary conduct standard for investment advisers, their representatives, broker-dealer, and their agents operating in the commonwealth, hired by plan sponsors to direct course-of-action on...