Registered Investment Adviser
RCA is a Registered Investment Adviser (RIA). With RCA acting as your fiduciary, you can achieve increased peace of mind knowing we’re on your side.
What is a Registered Investment Adviser?
A Registered Investment Adviser (RIA) is regulated by the United States Securities and Exchange Commission ("SEC") — whose mission is to protect investors and maintain the integrity of the securities market. Under SEC rules and the common law, Registered Investment Advisers have a fiduciary duty to their clients. This is a moral and a legal obligation to place a client’s interests ahead of their own.
What is the significance of having a fiduciary look after your assets?
A fiduciary is legally required to act in your best interest—and is defined as a person in a position of authority whom the law obligates to act solely on behalf of the person he represents and in good faith. Examples of fiduciaries are executors, trustees, guardians, and directors and officers of corporations. Fiduciaries are not permitted to seek personal benefit from their transactions with those they represent, and must disclose conflicts of interest. Are all financial advisors required to be fiduciaries? The answer is, "No."