True Independence.
At DAI, true independence empowers our advisors to act solely in the best interests of their clients. Free from corporate goals and profit motives, our advisors have the flexibility to focus on what matters most - helping clients achieve their financial goals.
Your DAI advisor is committed to delivering an exceptional client experience built on integrity, authenticity, and trust. These principles are at the core of everything we do. Supported by the full resources of our firm and a network of experienced professionals, our advisors are dedicated to providing thoughtful guidance, personalized solutions, and the confidence that comes from knowing your financial future is in capable hands.
What is a Broker-Dealer?
A broker-dealer is a person or firm in the business of buying and selling securities for its own account or on behalf of its clients. The term broker-dealer is used in U.S. securities regulation parlance to describe stock brokerages because most of them act as both agents and principals.
A brokerage acts as a broker (or agent) when it executes orders on behalf of its clients, whereas it acts as a dealer or principal when it trades for its own account. Broker-dealers fulfill several important functions in the financial industry.
- Providing investment recommendations to clients
- Supplying liquidity through market making activities
- Facilitating trading activities
- Publishing investment research
- Raising capital for companies
Broker-dealers range in size from small independent boutiques, like DAI Securities, to large subsidiaries of giant commercial and investment banks.
What is an RIA?
A registered investment adviser (RIA) provides investment advice, manages assets of individual and institutional investors, among others, and sits on the buy side of the investment field. Most RIAs are entities, but a financial professional can be an RIA. They are registered with the Securities and Exchange Commission (SEC), unless they do not meet SEC registration requirements (often state-regulated) or are exempt from SEC registration.
RIAs have a fiduciary duty to act in the best interest of their clients. Offered services may include financial planning, retirement savings strategies, and estate planning.
- Can create portfolios using stocks, bonds, mutual funds, ETFs, etc.
- Cover the full spectrum of what goes into clients' portfolios
- Can streamline asset allocation through a transparent, fee-based model