Financial Advice
/ˈfaɪnænʃəl ædˈvaɪs/
Definitions
- (n.) Guidance provided by qualified individuals or entities regarding financial planning, investments, tax strategies, and related monetary decisions, often subject to regulatory standards.
The client sought financial advice before investing in the stock market.
- (n.) In legal context, counsel or recommendations on financial matters given in compliance with fiduciary duties and consumer protection laws.
The advisor’s financial advice had to comply with the fiduciary duty rules.
Forms
- financial advice
Related terms
See also
Commentary
Financial advice in law is often distinguished by regulatory frameworks and fiduciary responsibilities, highlighting the importance of provider qualifications and duty of care.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.