Who does Royal Alliance clear through?

We provide your financial professional with clearing services through either Pershing, or National Financial Services (NFS). A clearing firm works with various financial exchanges to handle confirmation, delivery and settlement of your financial transactions.

What does Royal Alliance Associates do?

Royal Alliance Associates, Inc. is a registered investment advisor and broker-deal based out of Jersey City, N.J. Rather than working with clients directly, Royal Alliance Associates provides the investments, technology and operational support for a nationwide network of independent financial advisors who partner with …

What kind of company is Royal Alliance?

independent wealth management firms
Royal Alliance is part of Advisor Group, one of the largest networks of independent wealth management firms in the United States, with more than 11,000 affiliated financial professionals.

DO RIAs work with broker dealers?

RIAs are independent fiduciaries who may associate with several broker-dealers, selling a range of products and services.

Who is Vision2020 wealth management?

Vision2020 Wealth Management Background Vision2020 is a subsidiary of Advisor Group, Inc., a wholly-owned subsidiary of Advisor Group Holdings, Inc. A consortium of investors primarily owns Advisor Group Holdings through RCP Artemis Co-Invest, L.P.

Is Royal Alliance RIA?

Royal Alliance Associates, Inc. (“Broker-Dealer”) offers a range of investments and services to its clients. Royal Alliance Associates, Inc. is also dually registered as an investment adviser (“RIA”).

Is an RIA a FINRA member firm?

FINRA. The Financial Industry Regulatory Authority (FINRA) is an independent, non-profit organization that self-regulates broker-dealer firms. It does not regulate RIAs, but if an RIA firm’s business includes broker-dealer services, it would fall under FINRA as well as the SEC or state RIA compliance.

Is RIA a fiduciary?

RIAs have fiduciary obligations to their clients, meaning that they have a fundamental duty to always and only provide investment advice that is in their clients’ best interests.

Is the series 65 hard?

For students who have recently completed the Series 7, this is a moderately difficult exam. The Series 65 is more challenging for students who have not completed the Series 7. It’s recommended that students learn through a variety of methods, such as reading, as well as continuous practice exams.

Is an RIA a fiduciary?

RIAs typically earn their income through management fees, calculated as a percentage of a client’s assets under management by the RIA. Unlike broker-dealers, RIAs have a fiduciary duty to put the best interests of the client first.

Do I need an RIA?

While there are some exceptions, in general, investment advisors with less than $100 million in assets under management (AUM) that are located in California, have more than 5 clients in California, or actively solicit in California must register with the State of California as a Registered Investment Advisor (RIA).

Who is royal alliance associates?

Royal Alliance Associates, Inc. is a wealth management firm owned by Advisor Group Holdings, Inc. Your financial professional is affiliated with Royal Alliance. The firm is regulated by FINRA and the SEC.

Is royal alliance regulated?

Your financial professional is affiliated with Royal Alliance. The firm is regulated by FINRA and the SEC. Your financial professional is supported by a network of premier partners, who bring strength, stability and security to strategies that are designed to work for today and tomorrow.

What is the average client balance at Royal Alliance associates?

While Royal Alliance Associates advises clients across a variety of portfolio sizes, the average client balance is currently $316,965. In total, Royal Alliance Associates manages $20,655,365,726 in assets.

How can we help you succeed at Royal Alliance?

We help them succeed with customized business development, recruiting, compliance, and advisory support. When you move to Royal Alliance, a team of transition professionals will work closely with you to thoroughly plan your transition process according to your unique requirements.