Yintoni Umcebisi wezeNtengo obhalisiweyo?

Ingqwalasela Yokuba I-RIA Yenzani Nento Eyenzela Abatshali-mali Abatsha

Umcebisi-mali obhalisiweyo, okanye i-RIA, "ngumntu okanye uqinileyo ukuba, ngenxa yembuyekezo, isenziwa kwisenzo sokunika iingcebiso, ukwenza iingcomo, ukukhupha iingxelo okanye ukunikezela ngokuhlalutya kwiimfihlo, ngokuthe ngqo okanye ngokupapashwa" ngokutsho kwe-Investment Advisers Umthetho we-1940. Ngokubanzi, i-RIA yinkampani ejongene nokunyaniseka , ubambiswano obuqingqiweyo , okanye elinye iqumrhu lezorhwebo elibhaliswe kwiindlela ezifanelekileyo, zithumele iifom eziyimfuneko, kwaye zivunyiwe ngumzimba olawulayo oya kuwujongamela; nokuba yiKhomishini yezoThengisa nokuTshintshisa okanye enye yezinto ezininzi kuxhomekeke kwiimeko ezithile kunye neemeko zoshishino ngokwayo kuquka ixabiso layo phantsi kolawulo kunye nenani legunya lokusebenza kulo.

Umcebisi ngamnye wobhaliso-mali ubhalisiwe ngamadoda kunye nabasetyhini abaye badibana nayiphi na ilayisenisi okanye iimfuno zeemviwo ezixhaswa ngumzimba olawulayo ojongene neenkampani ngokwawo, odla ngokuba yi-Series 65 okanye i-Series 66 + i-Series 7. Ngamanye amaxesha, le mfuneko ingasuswa xa umntu ephethe isatifikethi sezakhono eziphambili ezifana ne-Chartered Financial Analyst, okanye i-CFA. Kwimeko yeRIA ezizimeleyo, ummeli udla ngokuba ngumnini okanye iqabane leenkampani ngokwayo. Kwimibutho emikhulu yemali, i-RIA inokuba yinkxaso-mali yenkampani yomnini.

Enye yezinto ezenza abacebisi ababhalisiweyo bezohlalo ezivela kwezinye iifenisi kukuba libophelelwe ngumsebenzi wokubambisana . Lo ngumgangatho ophezulu wokunyamekela phantsi kwenkqubo yomthetho waseMerika kwaye ufuna ukuba i-RIA ihlale ibeka umdla komxhasi ngaphezu kwayo.

Lo mgaqo ogqithiseleyo kunokuba "ukufaneleka" okuqhelekileyo apho i-stock brokers egcinwe kwiakhawunti ehlawulisiweyo.

Umsebenzi woMcebisi wezeNtengo oBhalisiweyo kwiLizwe eliyinyani?

Kwimihla endala, umcebisi-mali obhalisiweyo uya kuba noxanduva lomphathi we-asethi onamandla kakhulu onokumisela imali kumthengi kumasheya athile, izibophelelo , ii-REIT kunye nezinye iziqinisekiso ngaphandle kokuba uphumelele umsebenzi kumntu wesithathu; indoda okanye umfazi onolwazi olwaneleyo namava ukuba ahlale emva kwedeski yonke imini kwaye ahlalutye ama- sheets , izitatimenti zengeniso , iingxelo zonyaka kunye neefom 10-K , iingxelo ze-proxy kunye nezinye izichaso zokugqiba ukuba yimaphi amanani abamele ixesha elide elide, umngcipheko -ukulungiswa kwamathuba okubonelela ngenjongo yokubonelela ngokufanelekileyo kubaxumi.

Le mihla, uphando olukhawulezayo loshishino lubonakala lubonakalisa ukuba kuphela ipesenti zeRIA ziwela kuloo nxaxheba. Enyanisweni, ekhanda lam, ndiyichitha abacebisi bezohlomelo abhalisiweyo kwiindidi eziliqela ngokusekelwe kumsebenzi oyintloko ababonelela ngeenkampani ezibalulekileyo ezibalulekileyo zokuba i-asethi kunye nabacebisi bezolimo okanye abacwangcisi bemali.

IiNkampani zoLawulo lwee-Asset eziQulunqwe njengeMcebisi wezoTyalo eziBhalisiweyo

Aba ngaba batyalo-mali-abathembekileyo bakaThixo ababeka imali ekusebenzeni kwiziqinisekiso zokugqibela ezifana nezitshixo kunye nezibophelelo; abantu bafunda i -K-filings kunye neenkwenkwezi kumashishini aseBloomberg . Bangakwazi ukulawula iiphothifoliyo ngqo kubaxhasi kwii-akhawunti ezizimeleyo ukuze batshintshe uhlobo oluthile lomrhumo okanye intlawulo, bangakwazi ukuxhasa okanye ukulawula imali , ukuxhasa imali kunye neengxowa -mali ezithengiswayo , banokulawula i- hedge funds . Ngokuqhelekileyo, ababandakanyeki kwizicwangciso zezemali okanye ulawulo lobutyebi ngelo. Umsebenzi wabo kukuthatha inqwaba yemali kwaye uyibeke ekusebenziseni ukugcinwa kwemali ekupheleni kweemali ngokwemvume yotyalo - mali .

Azikho zonke iinkampani zokulawula i-asethi eziququzelelwe njengabacebisi bentengo ebhalisiweyo kodwa ubuninzi bezona zihlonelwe kakhulu.

I-firm firm, iKennon-Green & Co., yinkampani yokulawula i-asethi eyenza, yokwakha, yokubeka esweni, nokugcina iipfofofofoliyo ze-bespoke kubantu abanamathengi kunye nabanemigangatho ephezulu, abanentsapho kunye namaziko athile ama-$ 500,000 kwiimpahla ezingenayo imali. ukubeka ubutyebi babo ukuba basebenze kunye nekhaya lam. Silindele ukuba abathengi baya kubamba iipotifoliyo zesiqhelo zamasheya, iibhondi kunye nezinye iziqinisekiso kwiakhawunti yabo yokugcina . Ezinye iinkampani zokulawula iimpahla ziquka uFranklin Templeton, Vanguard, PIMCO, kunye no-BlackRock, ukubiza ngambalwa.

Ukuze ufunde okungakumbi, funda i-athikili yam kwiinkampani zolawulo lweefa .

Abacebisi ngezeMali kunye nabaCwangcisi bezeMali abaQulunqiweyo njengoMcebisi wezeNtengo obhalisiweyo

Inxalenye enkulu yezolimo zeRIA, ezi ziinkampani ezinamadoda kunye nabasetyhini abahlala phantsi kunye nabantu kunye neentsapho, babone oko bakufunayo, baze batyunde ukunikezelwa kweefa .

Umcebisi-mali uyafuna ukuba yinkampani ebalulekileyo ekhankanyiweyo kwiimfuno zokucwangcisa ubutyebi, ukugxila kwizinto ezifana nokunceda ukulawula iimfuno zokuhambisa iimfuno kwi-akhawunti yomhlala phantsi okanye ukufumana isicwangciso sokulondoloza iikholeji eyi-529. Baya khona ukubamba isandla somthengi ngexesha lokutshatyalaliswa kwemakethe yempahla. Abanye abacebisi bezocalo-mali kule nkuthaza banokuba nolwalamano kunye nezinye iingcali, njengabameli beerhafu kunye nabathengisi beerhafu, abanokukunceda abathengi ukuba bazise iinkonzo zentsapho okanye imithwalo engaphantsi kweerhafu ngokucwangcisa kakuhle.

Ezi ntlobo zabacebisi bezohlwayalo zihlala ziqaphela indlela yokutshala iimpahla zabaxumi kodwa kunokuba zilawulwe iimpahla ngokwazo, zithumela umsebenzi kwiinkampani zokulawula i-asethi ngokuthenga abathengi ngeemali ezixhaswa ngemali, iimali zenkcazo, kunye neengxowa-mali ezithengiswayo okanye, Kwimeko yexabiso eliphezulu abathengi, ukuvula ii-akhawunti ezilawulwa ngabanye kunye nenkampani yolawulo lwe-asethi ngokusebenzisa iqonga lomphathi wee-third party kwi-world keeper. Kwiminyaka yakutshanje, inani labacebisi-mali-mali ababandakanyekileyo kulolu hlobo lwezoshishino sele beqale ukucinga ngokuphathwa kwempahla njengendlela "engcono kakhulu" ukuze bakwazi ukugxila kwiimfuno zabaxhasi kunye nokungalawulwa kwemali. Ingaba okanye kungabi noluhlu olongezelelweyo lweemirhumo lufanelekile kumthengi ukuba anqume.

Ukwenza kube ngakumbi ukudideka kwabatyalomali abatsha kukuba i-nkampani yokulawula i-asethi inezinkampani ezicebisa ngokwabo ezi ngcebiso, ngokunjalo, ezenza ukuba abathengi bangene kwimveliso yee-asethi kunye neenkonzo; iiyunithi zokusebenza ezihlukeneyo ezahlukeneyo. I-Vanguard, i-JP Morgan kunye ne-UBS yimizekelo yale nto. Ukongeza ukudideka okungakumbi yinto yokuba, ngamanye amaxesha, iyakubonakala ngathi le yimeko xa kungenjalo. Thatha, umzekelo, umcebisi otyalo-mali obhalisiweyo wase-East Coast othabatha isityebi esikhulu. Iyona nkampani yokulawula i-asethi. Ngokuqhelekileyo ihlawulisa i-flat 1.550 kwi-equity equity for all balance balances under management and requires a minimum investment of $ 5 million ukuya kwii-10 yezigidi ukulungiselela i-akhawunti. Ikwaxhaswa ngeemali ezimbalwa ezihlangeneyo ezivulelekileyo kuluntu jikelele okanye ezithengwa ngabanye abacebisi-mali-mali kubaxhasi babo. Iimali ezi, ezenzileyo ngokwanelisayo ixesha elide, zihlawula i-1.25% yentlawulo yolawulo kwi-firm. Le nkxaso maxa wambi iza kuba nabathengi bazimeleyo bathenga izabelo ze-fund. Ukwahlukileyo apha, kuba i-fund fund iyaqhutywa ngabantu abafanayo baqhuba ii-akhawunti ezizimeleyo, ngokwenene indlela yokuncedisa abaxhasi babo ukuba bagcine imali, bahlambe i-0.25% ngonyaka kwiindleko njengoko i-firm ishiya i-1.50% isahlulo se-akhawunti yangasese etyalomali kwiimali zokuthengisa.

I-Stock Brokers Ayibhaliswanga Abacebisi bezeNtengo

Omnye uvame ukudibanisa ukuba abatsha abatyali-mali abatsha bahluleka ukuqonda ukuba izindlu zemali zentengiselwano ezifana ne-Edward Jones zintengiso-abadayisi, abacebisi bentengiso abhalisiweyo. Oku kuthetha ukuba, nangona ubhekisela kumthengisi wakho wempahla njengomcebisi wakho wotyalo-mali, akuyinto efanayo. Aba bathengisi bemali-mboleko abangekho kwi-RIAs yomsebenzi ofanayo. Ukongezelela, ii-RIA ezininzi zisebenza kwindlela yokwenza imali kuphela, oku kuthetha ukuba imali yabo ivela kwimali ephantsi kolawulo, iifayili zeplati, iifizi zeeyure, okanye ezinye iirhafu (ukufunda ngakumbi, funda Imirhumo ye-Investment Advisor Fees ). Uninzi lwabathengisi bomthengisi, ngokuchaseneyo, lenza imali ngokufumana inzuzo kwiikomishoni, ukufumana abathengi ukuba bathenge iimali zentengiso kunye nemithwalo yokuthengisa , ukufumana ukukhawulwa kwamatyala angabangela ukuba umthengi athenge, njl njl.

Into endiyayifunayo Ukuba ndibe ndihlala kwi-RIA Ukulawula Imali Yentsapho Yam

Ukuba andingeyena umlawuli olawulayo weKennon-Green & Co., ngaba ndiza kujonga ntoni ukuba ndifuna umcebisi-mali obhalisiweyo wokuphatha utyalo-mali lwentsapho? Ndachukumisa kule ncinane kwi- What Search for your Search for Advisor Registered Advisor , kodwa impendulo yam iquka oku kulandelayo:

Ndiya kubambisana namagqwetha am, iingcali zerhafu, kunye nezinye izicwangciso zifuna ngokwahlukileyo, kuba iqela lam lisebenza kunye.

Musa ukulibala ukuThola ifomu ye-ADV kwiNkxaso nayiphi na uMcebisi wezeNtengo oziThengisayo

Uyakufuna ukukhangela i-RIA yeFomu ye-ADV , echaza zonke iindidi zolwazi malunga nezenzo zeshishini eziqinileyo, amava emfundo kunye namava abenzi bezigqibo, nokuba ngaba nawuphi na wabameli abandakanyekile kwiimeko ezithile ( umzekelo, ukuchithwa okanye ukutshatyalaliswa kobuqhetseba), amalungiselelo okuhlawula amanani, amacebo okuphumula, izabelo zokuthengisa kunye nokunye okuninzi. Ngokomzekelo, amafemu athile angabonisa ukunciphisa amaninzi kwimilinganiselo yentlawulo epapashwe kwiiyunivesithi okanye kumaziko enkolo. Enye i-RIA inokuthi ihlawulise abathengi ngekota nganye, ngokukhawuleza, ngokusekelwe kwintetho yexabiso lokuthengiswa kwe-akhawunti ngomhla wokuqala wokuqala wekota ngelixa enye inokuthi ihlawulwe kwiimbuyekezo emva kweenkonzo ezinikezelwe ekupheleni kwekota nganye isebenzisa isilinganiso semilinganiselo yemihla ngemihla indlela yokulinganisela.