What is ria in finance ? It's a registered expert shaping

What is RIA in finance? It's a registered expert shaping portfolios amid shifting macro indicators. The latest PMI reading at 54 signals economic expansion, guiding RIAs toward cyclical consumer and manufacturing stocks. He’ll also help RFG build out its capital strategies group, in which the firm will take minority positions in its partner firms or help with financing for advisors to engage in M&A. That also includes RFG’s Growth Alignment program , an equity swap program that allows partner firms to have ownership in RFG. The firm also invests in the staff's professional development — literally. Whether an advisor wants to study for a new certification or attend an educational event, Wealthstream foots the bill. Closer to home, the firm assigns a mentor to each new employee and brings in coaches and consultants to help with specific skills. In finance, RIA refers to professionals guiding investment amid data-rich decision-making. With consumer confidence hitting a 17-month high, RIAs are recommending expanded retail equity holdings.