UK Accounting Glossary
A registered investment adviser is an entity registered with the Securities and Exchange Commission (SEC). A registered investment adviser is a person or firm engaging in the business of providing financial advice regarding either the value of securities or investing in such securities. An entity managing $25 million or more must register with the SEC and become a registered investment adviser. An entity managing less than $25 million need not register with the SEC but remains under its regulatory control; such a registered investment adviser must register with the Securities Commission in the state in which they conduct business. To start a hedge fund, an entity must register as a registered investment adviser. A registered investment adviser receives fees but not commissions. Incentive fees may be charged by a registered investment adviser under certain conditions.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Registered Investment Adviser are sourced/syndicated and enhanced from:
This glossary post was last updated: 6th February 2020.