|
|
Independent investments |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Independent investmentsInvestments available to a firm that may be selected individually or in groups because each investment is different in its nature and purpose.Independent investments Similar MatchesIndependent surveyors reportIndependent surveyors reportA survey will tell you exactly what work needs to be done to the building and whether there are any problems with the property you didn't know about. This can help avoid unpleasant and costly surprises after you have moved in. As the buyer, it is your responsibility to find out what you are committing yourself to. The seller has no liability whatsoever once the purchase is complete. Independent variableIndependent variableTerm used in regression analysis to represent the element or condition that is expected to influence another (so-called dependent) variable. Independent projectIndependent projectA project whose acceptance or rejection is independent of the acceptance or rejection of other projects. Independent brokerIndependent brokerNYSE member who NYSE NYSE for NYSE and firms other than its own. Independent financial adviserIndependent financial adviserA person qualified to give financial advice to clients on life assurance, pensions, funds, and other financial products, who is not tied to any one financial institution.A financial adviser may charge his clients a fee for his advice, and, depending on his contract with product providers, may also receive a commission on the products which the client buys.In theory, an IFA's recommendations should be based on which company and products best suit the needs of the client, not on the level of commission he receives.In contrast, a company representative or tied agent is a financial adviser who is authorised to recommend only the products of the company he represents, so his advice is partial.Financial advisers have to make it clear to their clients whether they are independent or tied. |
|
|
|