Investment Advice

Investment Advice

Counsel given to an investor as to which securities to buy or strategies to pursue, usually in exchange for a fee. Investment advice may involve interacting directly with a client (e.g. by managing assets), or simply giving passive, general advice about which securities or industries are bullish or bearish. Investment advisors managing a certain amount of money must register with the SEC; the actions of all investment advisory services are governed by the Investment Advisors Act of 1940. Importantly, it is a criminal offense for investment advisory services to provide false or misleading information, and to sell or buy their own securities to or from a client.
References in periodicals archive ?
Global Banking News-October 30, 2015--Santander makes provisions for investment advice claims
Department of Labor is expected to issue proposed regulations on investment advice programs provided by employer retirement plan sponsors, intended to enforce the investment advice provisions included in the Pension Protection Act of 2006.
Federal credit unions can't offer investment advice, but they can establish a shared employee arrangement with a third-party registered investment adviser, according to a legal opinion letter by NCUA Associate General Counsel Sheila Albin.
Firms Sends Important Message to Investors That Independent Firms Are the Key to Objective Investment Advice
The issue on this appeal to the Second Circuit is whether investment advice fees inurred by a trust (T) are fully deductible in calculating adjusted gross income (AGI) under Sec.
UNCERTAINTY ABOUT THE deductibility of investment advice fees has existed since 1986.
Administered by State Street Bank & Trust's affiliate, CitiStreet, the Advisor Service delivers one-on-one, objective and personalized investment advice by a professional account manager.
For years, those providing such guidance, including CPAs, have had to worry about whether they were "fiduciaries," with potential liability for participant-directed investments, because they were providing investment advice under the Employee Retirement Income Security Act.
Glencrest provides a high level of analysis and investment advice that enhances the performance of our plan.
The CPA may not consider this investment advice, but the client believes otherwise and proceeds with the investment on the assumption that the practitioner has given the green light.
All information provided within this release pertaining to investing, stocks, securities must be understood as information provided and not investment advice.
Interpreting the research, Benson said he had witnessed a steady increase in the number of calls to CPA financial planners for investment advice.