What is difference between a RIA and a traditional stock broker?

Registered Investment Advisors are governed by either the Securities Exchange Commission or by a state. Stock Brokers are registered with National Association of Securities Dealers. Unlike traditional stockbrokers, MFFM does not charge any commissions. MFFM deducts a percentage fee at the end of each quarter for management fees. Therefore, both advisor and client work toward the same goal of growing the value of the account. As a result, MFFM is not limited to proprietary offerings and our clients receive unbiased investment advice.