Which of the following qualifies as an Investment Advisor Representative?
I. Victoria Seagle, Vice President of Sales at GoodHands
II. Jason Black, who files for IRS extensions at an accounting firm, which is a sister company of GoodHands Capital Management
III. Stacey Linter, a sales executive who brings in new accounts to GoodHands
IV. Joshua Johnson, a financial reporter who covers stories about Good Hands for the Wall Street Journal
a) I, II & III
b) I & III
c) II, III & IV
d) All of the Above
An Investment Advisor Representative (IAR) is defined as any partner, officer, or other individual affiliated with an Investment Advisor that meet the following criteria:
a) makes recommendations or gives advice pertaining to securities;
b) manages accounts or portfolios for clients;
c) determines the type of advice or recommendation will be given;
d) sells, negotiates or offers the sale of investment advisory services and/or;
e) supervises the employees who perform any of these functions.
Victoria is an officer and a supervisor and fits
"e" in the criteria definition. Stacey is a sales
person and fits "d" in the definition. Jason''s work
clerical and does not work for GoodHands, therefore,
not meet the definition. Joshua from the Wall Street
Journal fits none of the criteria either.
Learn more about the content of the series 63 exam and how candidates should prepare for the test. Find out about potential ...
Learn more about the Series 63 exam and the NASAA policy on refunds of exam fees. Find out how the exam waiting periods work, ...
Learn more about retaking the Series 63 exam and how the test is updated. Find out how these changes impact test takers and ...
Learn about the requirements for practicing a financial profession. Find out who is required to take the Series 63 exam and ...
A examination to ensure a candidate is qualified to become a ...
A person who prepares investigative reports on equity securities. ...
An exam required for individuals seeking to engage in off-exchange ...
One who provides financial advice or guidance to customers for ...
An exam offered by the Financial Industry Regulatory Authority ...
An exam given by the Financial Industry Regulatory Authority ...