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Registered Investment Adviser

An investment adviser registered with the SEC or a state regulator and subject to the applicable registration, disclosure, conduct, and examination framework.

What traders should verify

For Registered Investment Adviser, inspect the legal structure, adviser and Form ADV, investor eligibility, strategy, holdings, fees, leverage, liquidity, conflicts, and reporting date.

Do not conflate

The label Registered Investment Adviser does not by itself establish registration status, current holdings, liquidity, risk, performance, or investor eligibility.

Primary source

SEC definition

Source boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.

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