Month: August 2016

Investment Adviser or Advisor?

Investment Adviser or Advisor? Investors seeking investment information and advice, as well as a place to purchase or sell financial instruments, go to an investment advisor in an investment banking firm. An investment advisor’s basic responsibilities are: • establishing a…

Types of Investment Accounts

What are the types of investment accounts? Investment firms started competing for clients after May 1, 1975. Until that time, all investment banking firms charged the same commissions. There was no distinction between investors making their own investment decisions, and…