Federal Covered Advisor

What Does Federal Covered Advisor Mean?
An investment advisor that manages over $25 million in assets for other investors.

Investopedia explains Federal Covered Advisor
These investors must meet regulations of individual states and file with the SEC yearly in order to ensure that all information is recent and accurate.

Related Terms

Advisor Fee
Investment Advisor
Nominated Advisor - NOMAD
Registered Investment Advisor - RIA
SEC
More Related Terms

Related Links

Shopping For A Financial Advisor - Finding your perfect advisor is as simple as shopping for a car. Read on to learn more.
Policing The Securities Market: An Overview Of The SEC - Find out how this regulatory body protects the rights of investors.
Tips For Resolving Disputes With Your Financial Advisor - Before you blame your advisor for your losses, be sure you know your rights and responsibilities.
Check Out Your Advisor - The SEC database of brokers and advisors.

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