Generally, CPAs must register with the SEC as an investment adviser
if they fail a two-part test by answering "yes" to the following questions:
Above all else, investment adviser
services are based on trust between the adviser
and its clients.
In addition, the adviser
must base the opinion on the relevant facts and law and must not rely on unreasonable factual or legal assumptions or taxpayer representations.
They continue to serve as adviser
to their clients' individual trusts, but National Advisors Trust provides custodial service on the account.
involved in preparing the president for Monday said Clinton was having trouble focusing on the chore - easily distracted by world events, late-night card games and a hankering for golf.
The following steps constitute the revised process for the 401(k) Adviser
Certification and the Fiduciary Adviser
Network (FAN) programs:
Frequently, the investment adviser
organizes or sponsors the fund and recruits its board members.
Required information as to the reportable transaction includes: transaction name and registration number (if any); transaction type; identification of a substantially similar listed transaction (if any); number of transactions; name and TIN of any investment conduits; affirmation of certain increases in asset basis (if any); name, contact information and fees paid to promoters and tax advisers
as to the transaction; principal facts surrounding the transaction; expected tax results; and estimated tax benefits.
We are pleased to offer financial advisers
a quant-driven long/short fund alternative managed by SSgA's experienced quantitative equity team," said Bill Umphrey, President of Quantitative Investment Advisors.
If a CPA wants to provide such advice, he or she must meet the testing and licensing requirements, just like any other investment adviser
Technology and adviser
regulation, including a new electronic filing and registration system for investment advisers
The Fiduciary Adviser
Network (FAN) is a turnkey solution designed to prepare advisers
to meet the standards of prudent selection required by PPA.