Definition of 'Chartered Investment Counselor - CIC'
A designation awarded by the Investment Adviser Association (IAA) to individuals who have earned the Chartered Financial Analyst professional designation, who are currently working as investment advisers, and who have demonstrated investment counseling and advanced portfolio management skills, often by overseeing large accounts and mutual funds. CICs must work in an eligible position for an IAA member firm, uphold a code of ethical conduct and submit professional and character references.
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