advisory account

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Advisory Account

A brokerage account in which a broker can only make limited investment decisions without consulting the investor. Such decisions must be made in accordance with the customer's stated investment goals. This contrasts with a discretionary account, which gives the broker more independence.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

advisory account

A brokerage account in which the broker may make limited investment decisions without consulting the customer. Securities traded in the account are confined to those that meet the customer's investment goals. Compare discretionary account.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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The AEM Advisory Fund was the first step APB Mason Sterling has taken forward to satisfy the increasing client demand to gain access to niche and developing markets and secondary market opportunities.
KARACHI -- On 10th Anniversary of i-Care, Pakistan's first Donor Advisory Fund supporting 100 charities celebrated its decade long service to the nation by recognizing the contributions of its six partner charities.
Before joining NYLIM, Mizutori was the chief portfolio manager of the advisory fund management department at Nomura Asset Management Company, Limited (NYSE: NMR) (TYO: 8604) (AMS: 8604), responsible for the investment advisory business for institutional clients.
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The strategy of focusing on our discretionary service while completing the remaining reviews of advisory services is reflected in the ongoing organic growth in discretionary funds and net outflows from advisory funds.

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