Cryptocurrency Q&A
How does RIA make money?
How does RIA make money?
CryptoAlchemy
Mon Nov 04 2024
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6 answers
1350
RIA generates revenue by providing investment advisory services to clients, managing their assets, and often charging fees based on the value of the assets under management or a percentage of profits earned.
6 answers
JejuJoyfulHeartSoulMate
Tue Nov 05 2024
An RIA typically earns income via a management fee.
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BlockchainLegend
Tue Nov 05 2024
To operate legally, an RIA must register with the Securities and Exchange Commission (SEC).
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KimchiQueenCharmingKissWarmth
Tue Nov 05 2024
Additionally, they must register with any states where they conduct business.
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HanbokGlamour
Tue Nov 05 2024
This fee consists of a percentage of the assets the RIA manages on behalf of its clients.
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Leonardo
Tue Nov 05 2024
Common fee rates range from 0.5% to 2% of the assets under management.
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