# How Market Declines Impact RIA Possessors—and How to Act
Enrolled Investment Counselor (RIA) possessors encounter a threefold danger amid intense market amendments. Their customers might endure misfortunes, the worth of their own portfolios might diminish, and the worth of their firm’s business can take a blow. In this episode of “Profound Plunge,” host Jay Hummel converses with Scott Billington about this danger and how to fence it.
Scott recommends that, in spite of the significant expenses, RIA possessors ought to consider decreasing their openness to the S\&P 500 and utilizing choices for security. The conversation likewise investigates how monetary consultants can direct customers in overseeing risk, particularly during unstable market periods. Solana Co-Creator Anatoly Yakovenko Says Layer 2 Solutions are Unnecessary
\*Scott helped establish Covenant Capital Management, an enrolled ware exchanging consultant, in 1999. Already, Scott worked as a business supporting ware dealer and was a market producer at the Chicago Board Choices Trade.\*
