When individuals are looking for a financial advisor, the most important factor is trust. To build the rapport between client and advisor, it’s important to understand what your advisor does. Financial professionals generally fall into two groups based on whether they sell strictly products or accompanying advice. While the traditional big-name broker-dealers generally sell investment products and typically earn commissions, Registered Investment Advisors (RIAs) primarily provide financial planning and investment advice along with portfolio management.


Distinctions of a Registered Investment Advisory Firm:


  • RIA firms are independent offices that provide a more personalized financial direction and wealth management advice to clients, many of whom have complex financial needs.


  • Fiduciaries are regulated. Under the Investment Advisers Act of 1940, RIAs are held, by law, to the highest standard of care and are required to act in the best interest of their clients at all times. This includes putting client interests first and helping clients optimize their wealth, no matter the net worth. This encourages a unique level of personalized service that’s not always common in investor-advisor relationships. RIAs are registered with either the Securities and Exchange Commission (SEC) or state securities regulators.


  • These advisors are independent, meaning they are not tied to any particular mutual fund company, insurance company, investment product, or bank. As RIAs, we have the freedom to tailor solutions and advice, selecting from a wide range of options based on what is best for you, the client. Whether it’s retirement planning, estate planning and trusts, complicated tax situations, buying or selling a business, or intergenerational wealth transfer, etc.


  • RIA firms are typically owned by the individual advisors who run them. They’re able todeep, personal relationships and have a strong sense of accountability to their clients. Your priorities are our priorities.


  • RIAs use a fee structure that is simple-to-follow. A transparent compensation model has no hidden costs and no hidden agendas.


  • Your money is held by an independent custodian, not the RIA. For many investors, this provides a reassuring system of checks and balances – your money is not held by the same person who advises you on how to invest it. We all work together.


About HawsGoodwin Wealth

HawsGoodwin Wealth is a Registered Investment Advisory (RIA) firm comprised of multiple CERTIFIED FINANCIAL PLANNER® professionals. Like all RIAs we have a fiduciary duty to act in our clients’ best interest. The team at HawsGoodwin Wealth guides individual investors and corporate clients alike through the financial decisions that matter most in achieving their goals and protecting their assets. Founded in 2008 by Art Haws and Cam Goodwin, HawsGoodwin Wealth is laser-focused on delivering high-value financial planning and investment management services that complement our clients’ lives. The team at HawsGoodwin Wealth is at its best when we are engaging with clients in the financial planning process.


Please let us know if you have questions about HawsGoodwin Wealth or if we can be of assistance.


The opinions expressed herein are those of HawsGoodwin Wealth, LLC (HawsGoodwin) and are subject to change without notice. Nothing in this material should be construed as an offer to purchase or sell any product or security.  This material was created to provide accurate and reliable information on the subjects covered but should not be regarded as a complete analysis of these subjects. It is not intended to provide specific legal, tax or other professional advice. The services of an appropriate professional should be sought regarding your individual situation. HawsGoodwin reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.


HawsGoodwin Wealth, LLC is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about HawsGoodwin, including our investment strategies, fees and objectives, can be found in our Form ADV Part 2, which is available upon request.