Account Executive

DEFINITION of 'Account Executive'

This term refers a person who has primary responsibility for an account, whether it be for an individual or corporate client. It is used often in the advertising and public relations business, but can also be used in financial services businesses.

BREAKING DOWN 'Account Executive'

An account executive may have a team of people or may be a sole operator. In a brokerage firm, for example, it may be the primary broker for an individual client or for a corporate client. It is that broker who must know the client, for example. The term implies decision-making authority over the firm's activities with that client.

RELATED TERMS
  1. Client Base

    A company's primary source of business. A client base consists ...
  2. Discretionary Account

    An account that allows a broker to buy and sell securities without ...
  3. Firm Order

    1. A market order to buy or sell a security for a brokerage's ...
  4. Execution Only

    A trading service that is restricted to execution of trades only, ...
  5. Give Up

    A procedure in securities or commodities trading where the executing ...
  6. Half Commission Man

    A half commission man is an individual who introduces clients ...
Related Articles
  1. Financial Advisor

    Deal Effectively With Difficult Clients

    Learn how to tame the most shrewish clients with these simple methods.
  2. Professionals

    Tips For Boosting Your Business

    Find out how butter up new clients, build up old files and better your bottom line.
  3. Financial Advisor

    Manage Your Clients' Expectations

    You can't control how they react to the market, but you can help them understand the reality of the situation.
  4. Financial Advisor

    Private Banking Vs. Wealth Management: Not Quite the Same

    Discover the various ways in which private banking and wealth management services coincide, as well as the significant differences between them.
  5. Financial Advisor

    Keeping Clients Through Good And Bad Times

    If you work in the financial industry, the secret to keeping clients happy is to be consistent.
  6. Professionals

    When (And How) To Fire A Client

    Firing the clients who take more of your time and effort than the revenue they contribute is a great way to improve your bottom line.
  7. Retirement

    Helping Your Clients Face The Financial Reality Of Retirement

    Altering retirement plans is tough, but when the retiree is unprepared, it's very necessary.
  8. Financial Advisor

    Advisors Need to Talk Less, Ask and Listen More

    Financial advisors spend a lot of time giving their clients advice on how to invest their money. But what they often forget to do is listen.
  9. Financial Advisor

    The Plusses of Second Opinions for Clients

    If you are not collaborating with other professionals in your circle, you could be doing your clients a disservice.
  10. Financial Advisor

    Top Tips for Getting More Client Referrals

    If you're not talking to your clients about referring you to friends, you should be.
RELATED FAQS
  1. Under the Uniform Securities Act, client information may not be disclosed to a third ...

    The correct answer is c. No authorization is needed from the client’s wife since it is a joint account. Also none is needed ... Read Answer >>
  2. Does agency theory apply to brokers and clients?

    Learn how the existence of incentives that encourage moral hazard impacts broker-client relationships. Understand how agency ... Read Answer >>
  3. Why does my IRA keep losing money?

    I have a Roth IRA and it keeps losing money. The investment firm never calls to let me know what's happening. It's already ... Read Answer >>
  4. Why do brokers ask for personal information before they make any trades?

    According to the Securities and Exchange Commission (SEC), there are three main reasons why a broker will ask for personal ... Read Answer >>
  5. Does the party loaning shares in a short sale transaction benefit in any way other ...

    To answer this question, we first need to clarify who is doing the lending in a short sale transaction. Many individual investors ... Read Answer >>
  6. Do financial advisors have to find their own clients?

    Understand why financial advisors often have to find their own clients, and identify the specific lead generation methods ... Read Answer >>
Hot Definitions
  1. Glass-Steagall Act

    An act the U.S. Congress passed in 1933 as the Banking Act, which prohibited commercial banks from participating in the investment ...
  2. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  3. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  4. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  5. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  6. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
Trading Center