The Role of Investment Advisers

The Role of Investment Advisers

Learn about the role of investment advisers in the capital markets, including what services are considered investment advice.

Transcript

In this lesson, we’ll learn about the role of investment advisers in the capital markets, including what services are considered investment advice.

I. Investment Advisers

Broker-dealers are securities intermediaries that are compensated for executing transactions for customers. Investment advisers, in contrast, are securities intermediaries that are compensated for providing advice on whether to buy or sell securities, although they don’t themselves execute transactions. The Investment...