ARK Financial Services is a Registered Investment Advisor (RIA) firm. The designation is important. Finding someone to invest your money is easy, but finding someone who is legally and ethically obligated to act and advise in your best interest can be a lot more challenging. Here are just a few of the ways our clients benefit from our RIA status:
- RIAs are regulated through the Securities and Exchange Commission (SEC) as well as by state authorities. We are required to file an updated form ADV at least once a year, which means our fee structure, regulatory checks, and business practices are fully transparent.
- As an RIA, we are bound by duty, “to serve the best interests of its clients, including an obligation not to subordinate clients’ interests to its own. Included in the fiduciary standard are the duties of loyalty and care.” (From a recent SEC staff study – pdf )
- We employ a fee-based advice relationship. That means our only source of advice revenue comes from our clients for managing their assets. We do not receive commissions from the investments we recommend; our goals are aligned strictly with those of our clients.
ARK is an independent firm. Our loyalty is to our clients, their needs and objectives. We use institutional custodians, Schwab and Fidelity, to safeguard our clients’ assets and review them regularly to ensure they meet our standards. This allows us to focus on what actually matters – you.
We understand complexity. With backgrounds in investing, tax planning, charitable giving, and business operation, ARK has the knowledge to meet whatever challenge your finances present.