In recent years, more and more people choose to allocate their assets overseas. In the face of unfamiliar investment markets, investors often choose overseas investment institutions to take care of them. For ordinary investors, it is difficult to understand the depth of the industry, so when choosing an overseas investment institution, we must first understand whether the institution has the corresponding qualifications: RIA (registered investment consultant, that is, consultant who manages investment for investors). Because only investment institutions with RIA licenses can carry out US stock sales and other businesses in China, if they can't obtain relevant qualifications, they can only trade through licensed intermediary platforms.

In order to obtain RIA license, investment institutions need to pass the strict qualification examination of the US Securities and Exchange Commission (SEC), so few domestic and foreign investment institutions have obtained this qualification, so it has become an important indicator that can reflect the professionalism of overseas investment.

SEC RIA licensed business scope:

Large multinational financial investment enterprises will apply for SEC RIA license when operating in the United States. At present, most of the RIA licenses are large multinational investment banks and large multinational exchanges or trading institutions such as securities, futures, funds and foreign exchange.

RIA licenses are supervised by the US Securities and Exchange Commission (SEC) or state securities departments, and companies and individuals specializing in investment consulting business need to apply for licenses. In the United States, only registered investment consultants (RIA) are qualified to provide investors with investment analysis advice on securities products and provide investment reports on a regular basis. Only institutions that have obtained this qualification can charge corresponding management fees and assume entrusted responsibilities to customers.