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An accredited investor is a person or institution that the Securities and Exchange Commission (SEC) defines as being qualified to invest in unregistered securities, such as privately held corporations, private equity investments, and hedge funds.
DEFINITION of 'Registered Investment Advisor-RIA'. An advisor or firm engaged in the investment advisory business and registered either with the Securities and Exchange Commission (SEC) or state securities authorities.egistration of an investment advisor is not meant to denote any form of recommendation or endorsement by the SEC or state securities regulators.