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Related to investment adviser: Registered Investment Advisors
A person or an organization that makes the day-to-day decisions regarding a portfolio's investments. Also called a portfolio manager.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A person or business that provides investing advice or counsel to an investor in exchange for a fee. Investment advisers may interact directly with a client (e.g. by managing assets), or may provide passive, general advice on which securities or industries are bullish or bearish. Investment advisers managing more than a certain amount of money must register with the SEC; the actions of all investment advisers are governed by the Investment Advisers Act of 1940. Importantly, it is a criminal offense for investment advisers to provide false or misleading information, and to sell or buy their own securities to or from a client.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A person who offers professional investment advice. Investment advisers are required to register with the SEC.
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.