investment adviser

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Related to investment adviser: Registered Investment Advisors

Investment adviser

A person or an organization that makes the day-to-day decisions regarding a portfolio's investments. Also called a portfolio manager.

Investment Adviser

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.

investment adviser

A person who offers professional investment advice. Investment advisers are required to register with the SEC.

References in periodicals archive ?

Generally, CPAs must register with the SEC as an investment adviser if they fail a two-part test by answering "yes" to the following questions:

Tax advice or investment advice: where is the line?

The Investment Adviser Act of 1940 is the primary federal legislative authority governing SEC-registered investment advisers.

How to prevent investment adviser fraud

Be careful not to confuse an investment adviser with a broker representing a bundled, prepackaged investment platform.

A watchful eye: closer scrutiny being paid to the management of 401(k), pension plans

Reevaluate investment advisers with respect to the goals.

Countdown to your client's retirement

The system, which is called the Investment Adviser Registration Depository (IARD), will permit investment advisers to satisfy filing obligations under state and Federal laws by making a single electronic filing.

Update on investment advisers regulation: the proposed IARD and compliance issues

Since Canary, major investment adviser firms under contract to mutual funds have been charged with a variety of schemes, including some involving portfolio managers and founders of investment advisory firms.

The mutual fund trading scandals: implications for CPAs and their clients

The conference will bring together investment advisers, legal counsel to advisers, investor advocates, representatives from state regulatory bodies, representatives from the National Association of Securities Dealers and others to discuss these issues and offer their views.

Investment Advisers

The separate disclosure document spells out the arrangement between the solicitor and the investment adviser.

Working with a solicitor to get new business: how to use external marketers to expand your practice

In the FSA, the taxpayer was a large commercial bank that served as the investment adviser for a family of proprietary mutual funds, including two money market funds that the taxpayer had acquired in a merger with another bank.

"Bailout" payments made by bank to its proprietary mutual funds must be capitalized

They also can go to it for guidance in assigning to an investment adviser specific responsibilities as part of its management of a client's account.

Improve the quality of investment advice: a volume of recommended practices shows CPAs how to deliver competent and objective financial tips

CPAs in at least three areas have a clear stake in ensuring accurate investment adviser advertising.

Investment adviser advertising: for the uninitiated, the SEC's complex rules can have unintended consequences