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Anthony Pellegrino (Goldstone Financial Group) Talks about the Benefits of Working with an SEC Registered Investment Advisor

Anthony Pellegrino, the founder of Goldstone Financial Group and a financial authority in the Chicagoland area recently discussed the benefits of working with an SEC Registered Investment Advisor.

By Angel DiptiPublished about a year ago 3 min read
Anthony Pellegrino (Goldstone Financial Group)

Anthony Pellegrino is an SEC Registered Investment Advisor (RIA) who has helped more than 2,500 clients to retire well and secure a lifetime income plan. He also offers professional asset management through a diverse portfolio of actively managed accounts and securities. Recently he talked about the benefits of working with an RIA to protect your financial interests in the best possible way.

A Registered Investment Advisor (RIA) is the best option for anyone looking for an investment advisor. RIA is registered with the U.S. Securities and Exchange Commission and has significant education requirements and expertise to put clients' interests above their own. RIA has a fiduciary responsibility under U.S. federal law and must comply with rules established in the 1940 Act. Being fiduciary, they have legal liability in contrast to a broker. Clients usually don’t have to pay a fee or any charges if they choose not to take the investment advice offered.

"You need to hire an RIA simply because they follow higher standards that protect your interests. Being an RIA, I have a duty to put your priorities first and to ensure by all means that you won’t lose money because of unethical advice or practices. It's my legal liability under the law to always put your interests before my personal interests. An RIA is registered with the SEC only when they have been educated in order to give you professional financial advice." ~ Anthony Pellegrino Goldstone Financial Group

Anthony Pellegrino explained that an RIA must not only abide by certain laws and regulations that protect clients, but they must also have a fiduciary responsibility. You can expect nothing less than the best when your interest and RIA's interests are one and the same: to give you the best financial advice and services possible and not overcharge. Clients also get protection from any negligent or unethical practices by RIAs since they have legal liability under the law. With all these sureties, it is not hard to trust your advisor to always put your stakes first. Another great thing about working with an SEC RIA is that the clients are not bound to pay any fee or service charges if they choose not to go with the advice offered by an RIA. On the contrary, if you work with a broker, you have to pay them their fee whether or not you take their advice.

"My sincere advice to all RIAs and clients is to be open and honest in your communication because it is the key to working effectively and reaching desired results. The clients need to be clear about what they need and want from an RIA so that they can build a plan around the client's needs. Also, it is very important for you as an individual to take responsibility for your life and finances by doing basic research, preliminary budgeting, creating goals, and understanding how your actions affect your investments and financial future besides hiring a reputable RIA. I stay on top of the market by reading news sources, books, and finance magazines and I advise the same to my fellow RIAs and even my clients to understand some basic concepts in investing." ~ Anthony Pellegrino Goldstone Financial Group

About Anthony Pellegrino (Goldstone Financial Group)

Anthony Pellegrino, the founder of Goldstone Financial Group is honored to be recognized as a financial authority in the Chicagoland area. He has dedicated his practice not only to helping individuals plan for their financial future but also remaining by their side as a partner in achieving their desired results. Anthony Pellegrino holds a Series 65 securities license. As an Investment Advisor Representative (IAR) of Goldstone Financial Group, he provides financial strategies targeted at achieving consistent, reliable returns regardless of market fluctuations and uncertainties. As a fiduciary, Anthony has a legal responsibility to put his client’s needs ahead of his own and is held to a higher ethical standard than non-fiduciary advisors.

Media Contact: Anthony Pellegrino (Goldstone Financial Group)


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Angel Dipti

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