If you're someone with a sizeable sum of money to invest, finding an advisor to help with that is easy. Finding one who is legally bound to act in your best interest can be easy, too – if you make sure you work with a Registered Investment Advisor, or RIA.
Most RIAs are structured as partnerships, corporations or limited liability companies. They typically cater to high net worth individuals who have complex financial needs that don't lend themselves to a do-it-yourself approach, as well as family offices, retirement plans and other institutional investors. Many are led by former employees of banks and brokerage firms (investment professionals who left their corporate positions for the freedom and flexibility to set up smaller shops) where they could more closely align their services with their clients' needs.
Unlike some other types of advisors, RIAs are not obliged to try to sell the products of an employer, nor are they restricted from selling products or services an employer may not offer. They often find that operating independently makes it easier to share informative articles and other educational materials with their clients, since they can establish more efficient compliance protocols than those at larger organizations with multiple lines of business. Finally, most registered investment advisors utilize a fee-based compensation model that rewards them when their clients' portfolios perform well, rather than a compensation-based model that rewards them for selling a particular product or service.
Typically, the entrepreneurs who chose to work under the RIA model want to get out from under the captive product architecture of regulatory environment they're operating in. They like being able to look wherever they want for investments that meet clients' needs without any pressure to sell specific products or services. They also like being able to offer a level of personalized service that sometimes isn't as easy to provide in a corporate environment.
That enticing proposition has resonated with high-net-worth investors, prompting increasing numbers of them to flock to RIAs over the past decade. There are plenty of investors who have not yet discovered the unique value proposition Registered Investment Advisors bring to the table.
FREQUENTLY ASKED QUESTIONS:
What are VERONA's Investment Objectives?
Long-term appreciation building client wealth through capital gains and income is our primary objective.
What is VERONA's Investment style?
Owning companies that deomonstrate superior management and consistent earnings growth that helps produce investment returns that outperforms market indices usch as the S&P 500.
What is VERONA's feeling about fixed-income investing?
We believe that while there is no substitute for credit quality, there are tax-exempt and corporate bonds that offer the best after-tax return depending on our clients' tax bracket.
How often does VERONA evalaute our managed portfolios?
We monitor the market and all of our stocks daily.
Ready to have a discussion towards fruition of your goals?
Give our friendly, knowlegeable team a buzz.
veronacapital@hotmail.com
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