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Advisory broker |
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Advisory brokerA broker who not only deals in stocks and shares on behalf of his client, but also advises on what shares should be bought and sold for the portfolio.The broker will contact the client to suggest changes in the composition of the portfolio, but does not have authority to trade on a completely discretionary basis.The client pays a commission on dealing and may pay charges based on the value of the portfolio.Similar MatchesAdvisory letterAdvisory letterA newsletter offering financial advice to its readers. National Market Advisory BoardNational Market Advisory BoardGroup that advises the SEC on establishing a national exchange market system, which is a highly automated, continuous national SEC, but that preserves the regional SEC. Asia Pacific Advisory CommitteeAsia Pacific Advisory CommitteeAdvises on matters involving international capital markets and the views and concerns of the business and financial communities of the countries represented. Thrift Institution Advisory Council (TIAC)Thrift Institution Advisory Council (TIAC)A council, established following the passage of the Monetary Control Act of 1980, whose purpose is to provide information and views on the special needs and problems of thrifts. The group is comprised of representatives of savings banks, savings and loan associations, and credit unions. Federal Advisory Council (FAC)Federal Advisory Council (FAC)Advisory group made up of one representative (in most cases a banker) from each of the 12 Federal Reserve districts. Established by the Federal REserve Act, the council meets periodically with the Board of Governors to discuss business and financial conditions and make recommendations. Further SuggestionsInvestment advisory serviceConsumer Advisory Council (CAC) |
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