According to SEC Release IA-1092, which of the following would NOT qualify as an investment advisor?
A) A sports representative who manages Derek Jeter's financial dealings.
B) A financial planner who illustrates the correct asset balance for an investment portfolio.
C) A CPA who advises his client on tax law as it regards estate planning strategies.
D) A pension consultant managing $25 million.
SEC Release IA-1092 considers financial planners, pension consultants and sports and entertainment representatives as investment advisors. A CPA who provides advice that is solely incidental to the practice of his profession is exempt from the definition.
Learn the conditions that require hedge fund advisors to register with the U.S. Securities and Exchange Commission.
Seeking professional advice from a financial advisor may involve asking for financial help from a certified financial planner, ...
An investment advisor is any person or group that makes investment ...
An investment advisor in the United States that manages more ...
An advisor or firm engaged in the investment advisory business ...
One who provides financial advice or guidance to customers for ...
1. The person or company responsible for making investments on ...
A government commission created by Congress to regulate the securities ...