More terms
Investment Adviser
A person or firm paid to provide advice, reports, or analysis about securities and generally required to register unless an exemption applies.
What traders should verify
For Investment Adviser, inspect the legal structure, adviser and Form ADV, investor eligibility, strategy, holdings, fees, leverage, liquidity, conflicts, and reporting date.
Do not conflate
The label Investment Adviser does not by itself establish registration status, current holdings, liquidity, risk, performance, or investor eligibility.
Primary source
SEC definitionSource boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.