Latest / Transition To RIA Podcast
Q83 - How Much E&O Coverage Does My RIA Need?
Obtaining Errors & Omissions ("E&O") insurance for your Registered Investment Advisor ("RIA") is not only a best practice, it is usually now a requirement for most RIAs.
E&O is professional liability insurance that protects your RIA from risks ranging from the proverbial "fat-fingered" trade entry error, to defending yourself against meritless lawsuits.
Most custodians now require RIAs using their clearing services to maintain a minimum level of E&O coverage.
In this episode I explain what those coverage levels typically are and the nuances between coverage types to be aware of.
Come take a…
The skinny
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