How does the advisor help clients – Key Takeaways:
RILEY FRIEDMAN ASSET MANAGEMENT is a trusted financial management firm that provides expert advice and support to its clients. The firm is dedicated to helping its clients achieve their financial goals by providing comprehensive financial planning, investment management, and wealth management services.
Here are the key takeaways that highlight how the advisor helps its clients:
- Provides comprehensive financial planning services
- Offers expert investment management strategies
- Assists in wealth management and long-term financial planning
- Committed to helping clients achieve their financial goals
Facts and Insights
RILEY FRIEDMAN ASSET MANAGEMENT was founded in 2010 by financial expert, Riley Friedman. Since its inception, the firm has grown to become one of the leading financial management firms in the industry. The firm takes pride in its knowledgeable and experienced team of financial advisors who are committed to providing personalized and effective solutions to its clients.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | $500 million |
| Number of Advisors | 10 |
| Time in Business | 10 years |
Financial Services Offered
RILEY FRIEDMAN ASSET MANAGEMENT offers a wide range of financial services to cater to the diverse needs of its clients. These services include:
- Financial planning
- Investment management
- Wealth management
- Retirement planning
- Estate planning
- Tax planning
- Insurance planning
Client Types
The firm caters to a variety of clients, including high net-worth individuals, families, business owners, and professionals. The team at RILEY FRIEDMAN ASSET MANAGEMENT understands that each client has unique financial goals and objectives, and they work closely with them to create customized solutions that align with their needs and priorities.
Fees & Compensation
RILEY FRIEDMAN ASSET MANAGEMENT charges clients based on a fee-only model, which means that they do not earn commissions from selling financial products. This ensures that the firm’s advisors act in the best interest of their clients, as they only receive compensation from their clients and not from any third parties.
The firm’s fees are based on a percentage of the client’s assets under management, and they are transparent and fully-disclosed. This fee structure ensures that the firm’s incentives are aligned with its clients’ goals, as the advisors’ compensation is directly linked to the performance of the client’s investments.
Background
Riley Friedman, the founder and CEO of RILEY FRIEDMAN ASSET MANAGEMENT, has over 20 years of experience in the financial industry. He is a certified financial planner and holds various other certifications, including the Chartered Financial Analyst (CFA) and Certified Investment Management Analyst (CIMA) designations.
The firm’s team also includes a group of highly-qualified financial advisors who bring a diverse range of expertise and experience to the table. They work together to provide comprehensive and personalized financial solutions to each of their clients.
Financial Advisor Disclosures to Know
As a registered investment advisor, RILEY FRIEDMAN ASSET MANAGEMENT has a fiduciary duty to act in the best interest of its clients. This means that they are legally obligated to provide advice and recommendations that are in the best interest of their clients and not influenced by any potential conflicts of interest.
The firm’s advisors are also required to disclose any potential conflicts of interest to their clients. This includes any fees, commissions, or compensation they may receive from third parties for recommending certain financial products or services. Transparency and honesty are core values of RILEY FRIEDMAN ASSET MANAGEMENT, and the firm takes great care in ensuring that its clients are informed and protected at all times.