Comments on: Updates For How To Value Invest, My Immediate Plans, And A Question About Becoming An RIA https://www.valueinvestingjourney.com/updates-value-invest-immediate-plans-question-becoming-ria/ Value Investing Journey Wed, 16 Oct 2013 15:25:00 +0000 hourly 1 https://wordpress.org/?v=6.8.2 By: Jason Rivera https://www.valueinvestingjourney.com/updates-value-invest-immediate-plans-question-becoming-ria/#comment-222 Wed, 16 Oct 2013 15:25:00 +0000 https://www.valueinvestingjourney.com/?p=2598#comment-222 In reply to disqus_PIqCQtz6nC.

Thanks a lot. Yeah I am getting a lot of feedback that if I do not have enough AUM than it is not worth the compliance headache and costs. Appreciate it.

]]> By: disqus_PIqCQtz6nC https://www.valueinvestingjourney.com/updates-value-invest-immediate-plans-question-becoming-ria/#comment-220 Tue, 15 Oct 2013 03:05:00 +0000 https://www.valueinvestingjourney.com/?p=2598#comment-220 Being an RIA means that you are registered with SEC or relevant state securities commission. As far as I understand an RIA is an entity, not an individual. So you would have to set up a partnership or LLC in order to register. When you get to certain level of assets under management there is no choice, it is required. Registering involves a lot of compliance and the possibility that you will be inspected. If you get inspected and your compliance is found to be sufficiently deficient you can be shut down. The only benefit I can think of is that if you are registered you can be a customer of the RIA platforms of Fidelity, Schwab, TD Ameritrade and so on…

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