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What is an investment advisor? Well, as a registered Shmoop advisor, we'd advise that you watch this video.

What is the difference between a financial advisor and a financial planner? A financial advisor can be anyone who works in the financial industry a...

What does a financial analyst do? Financial analysts research the market and recommend investments. There are quite a few licenses required to be a...

What does a personal wealth manager do? A personal wealth manager helps individuals reach their financial goals. To do this, they ask questions lik...

What does a stockbroker do? Stockbrokers use money from investors to invest in the stock market. Their first job is to go out and find these client...

What is principal? A principal is an entity of record in a transaction with authorization for one side of a transaction, whether it be as buyer, se...

What is the Securities Act of 1933? Signed by President Franklin Roosevelt, the Securities Act of 1933 was the first legislation to regulate the st...

What is Acting Against Recommendations? In the financial world, if an investor is acting against recommendations, they are not listening to a recom...

What are the Clayton Act and the Sherman Antitrust Act? The Sherman Antitrust Act of 1890 was the first legislation enacted by Congress to outlaw m...

What is the Investment Advisers Act of 1940? Must be pretty special if we're still talking about it seventy years later.

The Securities Amendments Act of 1975 created a national market clearing system to standardize stock prices and transaction costs from state to state.

What is Acting as a Principal? Acting as a principal happens when an individual or company takes on the role of principal. Usually in the case of c...

What is an Agency Relationship? An agency relationship allows an agent to act on behalf of the individual or company who hires them. This type of r...

Power of attorney refers to the authorization to conduct business on legal and financial matters on behalf of another party. So...choose wisely.

What is an Agency Cross Transaction/Trade? An agency cross trade happens when the advisor is the broker for the clients on both sides of a trade. A...