Q. |
What Is A Fee-Only RIA? |
A. |
A
Fee-Only RIA is one who is compensated solely by the client, with neither
the advisor nor any related party receiving compensation that is contingent
on the purchase or sale of a financial product. The RIA, as detailed in
the Form ADV II, may not receive commissions, rebates, awards, finder’s
fees, bonuses or any form of compensation from others as a result of a client’s
transactions.
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