- Euripides. It is a beautiful trait in the lover's character, that they think no evil of the object loved. - Henry Wadsworth Longfellow. Each character represented a trait that resides in me. - Chuck Jones. No trait is more justified than revenge in the right time and place.
RIAs and Broker-Dealers can be different in many ways, but the main point revolves around compensation. Broker-Dealers are typically compensated by charging a commission on the sale of an investment product, whereas RIAs are typically compensated by charging a fee for advice â two very different structures.
A large segment of financial advisors who do not wish to be completely tied to an Independent Broker Dealer or an RIA have the option to operate as a hybrid advisor. This advisor is dually registered with FINRA and the SEC thus allowing him to do both fee and commission based business.