What is an RIA?

...and why is that important?

Simarian Research is an independent Registered Investment Adviser. We are committed to integrity and putting our clients’ interests first.

RIAs are governed by the Investment Advisers Act of 1940, a federal law enforced and interpreted by the Securities Exchange Commission (SEC), and regulated by the State of North Carolina.

RIAs are, by law, held to a fiduciary responsibility that places the interests of the client before the adviser’s interests. Brokers and broker-dealers are not fiduciaries.

Ask yourself if your money is with someone whose duty is to their employer, or to their client!


SEC registration does not constitute an endorsement of the advisory firm by the SEC nor does it indicate that the advisory firm has attained a particular level of skill or ability.