# 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.
SHIB Burns Increase by 771,019%
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.
\*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.\*
