Registered Investment Adviser
/ˈrɛdʒɪstərd ɪnˈvɛstmənt ædˈvaɪzər/
Definitions
- (n.) An individual or firm registered with the Securities and Exchange Commission (SEC) or state securities authorities that provides advice about securities for compensation.
The registered investment adviser must disclose all material conflicts of interest to clients.
Forms
- registered investment adviser
- registered investment advisers
Related terms
See also
Commentary
Registered investment advisers are held to a fiduciary standard under federal law, a key distinction from broker-dealers; when drafting, specify registration jurisdiction as SEC or state authorities depending on asset thresholds.
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.