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by rattray
2640 days ago
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What is an RIA? I know what these things are: hedge fund, private equity, wealth management, venture capital. Which is A16Z now closest to? Or is there a class of financial firm I'm not aware of? Edit: I'm also curious, does this place any material restrictions on their startup investment activity? |
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VCs, hedge funds and wealth management tend to be RIAs. Private Equity I'm unsure. Wealth managers are all either RIAs, brokers, or banks.
The article is unclear. A16Z are forgoing a certain exception that VCs have, I'm not sure what their legal structure was beforehand.
You can look up all RIAs on the SEC website https://adviserinfo.sec.gov/