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Thoughts on Working at or Starting an RIA Practice?
 

Taylor12's picture
(Monkey, 38
 
Points)
 on 8/20/12 at 10:03pm

What exactly is a Registered Investment Advisor? I know they get a 1% AUM fee. Is there any prestige in this field? Also, it seems like its a 1% percent fee for doing absolutely nothing? How hard is it to start one? Any thoughts about this topic would be appreciated.

Thanks