What is the main difference between an RIA and a Broker Dealer?
Broker Dealers usually charge commissions to get compensated while Registed Investment Advisory Firms work under a fee which is a % of Assets Under Management. We are a Florida Registered Investment Firm, most commonly know as RIA.
“As a Florida RIA we believe to be aligned with the best option for our clients, with no compensation on transaction or kickback, and it translates finding the best investment options and alternatives for our clients’ interests and profiles, regardless of compensation within and investment category” says Veronica Parellada Eller, founder of My Investment Path.
These are some of the most typical services requested for active management included in our Wealth Management services
Retirement accounts SEP IRA Roth IRA Traditional IRA 401k investments 403b investments and annuities
Succession planning and strategies Variable insurance products trust strategies charitable strategies family offices investment diversification 831b plans
Wealth Management Full portfolio diversification alternatives commodities ETFs stock bonds funds including options and structured or indexed products for either US onshore or offshore clients
Team Investment Management LLC – DBA My Investment Path