Ria Advisory Group, LLC
Answer a few questions and
get matched with an advisor.
Learn more about Ria Advisory Group, LLC
Overview
Ria Advisory Group, LLC operates as a financial advisor firm based in Des Moines, Iowa. The firm handles $345.7 million in total assets over 3,047 accounts, placing it in the mid-tier of financial advisory firms in the United States by assets under management (AUM). The company has a small group, including 23 financial advisors. Ria Advisory Group, LLC does not act as a registered broker-dealer, meaning it is not able to buy and sell securities for its customers' and own accounts and instead has to go through a broker-dealer company to do so. Securities are defined as exchangable fiscal assets like options, equities and bonds.
Ria Advisory Group, LLC manages most of the firm's accounts in a discretionary manner. Discretionary management signifies that a portfolio manager has the discretion to make transaction judgments for the client's account without needing client authorization. The firm also manages 104 non-discretionary accounts with a total of $13.4 million in AUM. The firm administers roughly $113,452 for each customer account. The typical advisor at Ria Advisory Group, LLC manages around 132 client accounts.
Ria Advisory Group, LLC's main office is located at 500 Sw 7Th Street, Des Moines, Iowa 50309. The company is legally allowed to serve clients across 13 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Ria Advisory Group, LLC by the Numbers
$345.7 million
23
3,047
$113.5 thousand
Fee Structure
Fees charged by financial advisors typically depend on which services the firm provides the client. However, fees charged by the company typically consist of the following fee structure: asset-based. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the company.
Available
-
Offered by 69% of firms
Percentage of Assets
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 26% of firms that offer this fee type
Performance-based
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 32% of firms that offer this fee type
Fixed
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
It works with retail investors, high net worth investors, pension plans and corporations. Out of its 3,047 customers, Ria Advisory Group, LLC's biggest client by number of accounts is retail investors, although it also caters to 51 high-net-worth individuals. The SEC defines a high-net-worth individual as an investor who has at least $750,000 under management or a net worth of at least $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the firm's clients are from outside of the U.S.
- High-Net-Worth Individuals* - 2.54%
- Other Individuals - 95.76%
- Corporations - 1.7%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Ria Advisory Group, LLC does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at Ria Advisory Group, LLC
Elk Horn, NE
Urbandale, IA
Des Moines, IA
Des Moines, IA
Des Moines, IA
Des Moines, IA
Des Moines, IA
Sioux Falls, SD
Des Moines, IA
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.