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.
The correct answer is B. While local practices of a broker-dealer might require the client to sign the form, even when opening ...
The correct answer is b. I, II and III are correct since all parties are required to notify the Administrator.
The correct answer is b): The investment advisor representative (IAR) can tell the prospective client all of the following ...
I. Moral suasionII. Changing the discount rateIII. Changing the reserve requirementIV. Changing the prime interest rate A. ...
The correct answer is c) An advisor is not deemed to have custody of client funds when debiting management fees from the ...
The correct answer is: d) Choice II is incorrect because the longer the investment horizon, the less emphasis must be placed ...
An investment advisor in the United States that manages more ...
1. The person or company responsible for making investments on ...
An advisor or firm engaged in the investment advisory business ...
An investment account in which the advisor's compensation is ...
Professionals who help individuals manage their finances by providing ...
The fee that is paid to a financial advisor for recommending ...