Whiston Asset Management Group

445 Park Avenue, 9th fl., Manhattan, New York, New York 10022, United States

(212) 717-0557

(212) 717-0557

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  • About Us
  • Letter from President
  • Managed Portfolio's
  • The Advisors Custodian
  • Account Access
  • Advisory Committee
  • Principal Biography
  • Company News
  • Registered Advisor-Broker
  • Frequent Questions
  • Additional Legal Terms
  • Contact us
  • More
    • Home
    • About Us
    • Letter from President
    • Managed Portfolio's
    • The Advisors Custodian
    • Account Access
    • Advisory Committee
    • Principal Biography
    • Company News
    • Registered Advisor-Broker
    • Frequent Questions
    • Additional Legal Terms
    • Contact us
  • Home
  • About Us
  • Letter from President
  • Managed Portfolio's
  • The Advisors Custodian
  • Account Access
  • Advisory Committee
  • Principal Biography
  • Company News
  • Registered Advisor-Broker
  • Frequent Questions
  • Additional Legal Terms
  • Contact us
Whiston Asset Management Group Inc

Registered Investment Advisor vs Broker?

Understanding the differences between a Registered Investment Advisors(RIA) vs Broker

Although many brokers offer investment advice and financial planning services (and often portray themselves as "advisors" in their marketing materials), there are fundamental differences between a broker and an Independent Registered Investment Advisor (RIA) like Whiston Asset Management Group, Inc. (WAMG)


Broker - Primarily in the business of buying and selling securities for commission.

RIA-WAMG - In the business of providing advice and managing money for a fee.  

RIA compensation is based upon performance and bonus'.  


Broker - Representatives are typically contractors or employees of a larger broker dealer.

RIA-WAMG- Independent, and not owned by another company.


Broker - Typically compensated by commissions and mark ups on transactions; NOT required to disclose compensation.

RIA-WAMG- Compensated by fees and bonus'; all of which are fully disclosed and with no commissions on investment portfolio's .


Broker - Regulated primarily by The Financial Industry Regulatory Authority.

RIA-WAMG -  Investment advisers are primarily regulated by the U.S. Securities and Exchange Commission (SEC) or by one or more state securities authorities. 


Broker - Held to "suitability standards" - must have reasonable grounds to believe a transaction they recommend is suitable for the investor.

RIA-WAMG - Held to FIDUCIARY standards - required to act in our clients' best interests at all times.






Whiston Asset Management Group, Inc 445 Park Ave., 9th Fl. New York, NY 10022. Telephone: (212) 717-0557 info@whistonassetmanagement

com


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