- Euripides. It is a beautiful trait in the lover's character, that they think no evil of the object loved. - Henry Wadsworth Longfellow. Each character represented a trait that resides in me. - Chuck Jones. No trait is more justified than revenge in the right time and place.
RIAs and Broker-Dealers can be different in many ways, but the main point revolves around compensation. Broker-Dealers are typically compensated by charging a commission on the sale of an investment product, whereas RIAs are typically compensated by charging a fee for advice â two very different structures.
A Broker Dealer is defined as. Any person (in this case a brokerage firm) engaged int eh business of effecting transactions for the accounts of others or for the firm's own account. How does a Broker do business. buying and selling securities for the accounts of others. How does a Dealer do business.