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RCM&D (Riggs, Counselman, Michaels & Downes)
United States
1885 (140 Years)
Last online: No recent activity
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know RCM&D (Riggs, Counselman, Michaels & Downes)
Company Information
Get to know RCM&D (Riggs, Counselman, Michaels & Downes)
RCM&D is ranked among the top independent insurance advisory firms in the United States. Founded in 1885, they leverage their 130+ years of experience and strong local, national and global reach to meet client's business objectives. RCM&D maintains a strong local and regional focus with five locations throughout the mid-Atlantic region, while their reach extends nationally and internationally. By leveraging a combination of local knowledge and global reach, they are able to help business and individuals navigate the changing insurance landscape, at home and abroad, with confidence.
Industry
- Financial InsurancePRIMARY
- Financial Wealth Management
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