What is another name for an Investment Advisor?

Prepare for the Conduct and Practices Handbook (CPH) Dealer Representative Exam. Use flashcards and multiple choice questions with hints and explanations to enhance your study. Get ready for your certification!

Multiple Choice

What is another name for an Investment Advisor?

The term "Investment Advisor" refers to a professional who provides advice about securities and investments. While various titles can be assigned to professionals in the field of financial services, "Financial Consultant" is commonly recognized as synonymous with Investment Advisor. Financial Consultants often provide comprehensive advice on a range of financial matters, including investments, retirement planning, and wealth management.

In this context, the term emphasizes not only the advisory function but also a broader scope of financial advice, thus aligning well with the description of an Investment Advisor. Other terms, such as Registered Representative or Licensed Broker, typically imply roles that focus more on the buying and selling of securities rather than providing advisory services, which is why they do not serve as appropriate alternatives for the title "Investment Advisor."

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