She noted that firms and individuals offering advisory account services must be registered as Registered Investment Advisers
Source: Letter from the SEC's Office of Compliance Inspections and Examinations to registered investment advisers
Registered investment advisers
: A registered investment adviser
, like brokers and money managers, must register with the Securities and Exchange Commission.
Many banks, registered investment advisers
, and independent broker dealers are seeking open architecture capabilities for their trust clients.
The deal is part of an ongoing AICPA effort to assist members who want to establish or expand financial planning practices and become registered investment advisers
The company markets its products in 49 states and the District of Columbia, through independent and regional broker-dealers, financial institutions, independent insurance agents, and registered investment advisers
The company works only with registered investment advisers
ATLANTA & DALLAS -- Homrich & Berg, one of the largest independent registered investment advisers
in the US, and Placemark Investments, the investment industry's leading overlay manager, are pleased to announce the launch of a multi-manager separate account strategy created to serve the needs of Homrich & Berg's high-net-worth clients, which have approximately $1.
Specifically, Vanguard will stop providing custody services to registered investment advisers
later this year.
It would exempt other advisers from SEC registration if the SEC determined that registration would be unfair or a burden, and it would exempt investment advisers registered with the SEC from state investment adviser regulation; however, states may require registered investment advisers
to file notices with the state and pay appropriate fees.
LJH has advised numerous private investors, financial institutions, and registered investment advisers
on the development of fund of hedge funds strategies.
Because the interpretations expanded the definition of those who must register as investment advisers, the number of registered investment advisers
grew from 4,580 in 1980 to about 15,000 in 1989.