According to Section 202(a)(11) of the Advisers
Act, an investment adviser
Consistent with Congress's purpose in passing the act, the Court first determined that the investment adviser
serves as a fiduciary to its clients, though the term never appears in the act.
As a result, the IRS may challenge more aggressively taxpayers (especially those that ought to know better) that claim to rely exclusively on their adviser
, without independently assessing the credibility of the advice.
remains in front of the client, as the turnkey asset management program provides reports in the adviser
Through FAN, the adviser
needs to undergo the due diligence only once for all employers.
From these "sticky assets" the investment adviser
can charge fees and increase the amount of assets under management, a key factor for determining the investment adviser
According to Rob Stype, managing partner of Adviser
Compliance Associates LLC, a regulatory consulting firm in Washington, D.
It is very difficult to anticipate whether it will revise the definitions, and exclusions from the definition, of investment adviser
The Fiduciary Adviser
defines a new level of responsibility and new opportunities for the financial community," commented Louis S.
This article explains key prohibitions against false and misleading advertising by explaining how the SEC applies rule 206(4)-1, Advertisements by Investment Advisers
, of the Investment Adviser
Act of 1940.
6662 accuracy-related penalty, blaming the inaccuracy on the taxpayer's adviser
, is experiencing rapidly growing use among taxpayers.
is a 30-year old investment adviser
that is registered with the Securities and Exchange Commission under the Investment Advisers
Act of 1940.
THE ACT DEFINES AN INVESTMENT ADVISER
as anyone who, for compensation, engages in the business of advising others about the value of securities or the advisability of investing in, purchasing or selling securities.
Much of lobbying activity involves the communication of information from the tax adviser
to a tax legislator or the legislator's staff.
A pilot implementation of the system, known as the Investment Adviser
Registration Depository (IARD), ended November 3.