|
|
Know your client |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Know your clientThe ethical principle relating to broker dealers and financial advisers that all reasonable steps have been taken to gather sufficient relevant financial and personal information regarding the customer and that subsequent investment recommendations will take full account of that information.Similar Matches(Web) Client(Web) ClientThe client refers to the user end of the web. Thus the web browser (Internet Explorer or Netscape) serves as a client. This is in contrast to the server, which hosts the web information. Client-sideClient-sideResiding on or taking place in the client computer of a client-server network. Dividend clienteleDividend clienteleA group of shareholders who prefer that the firm follow a particular dividend policy. Such a preference may be based on comparable tax situations. Client agreementClient agreementA document issued by an adviser/broker to a client outlining the basis of the relationship and the services for which the adviser/broker is authorised. In particular the client agreement will sate:what the client's investment objectives are (income or growth, or in between)what the client's attitude to risk is (does he/she want low risk, medium risk, or high risk)how much discretion the broker has in portfolio management (if any).Client agreements are legally required before a broker starts acting on behalf of a client. ClientClientThe front end of a network or an Internet process; the computer system or process that requests a service from another computer or computer system (the "server"). Further SuggestionsTax clienteleClient-server architecture Leverage clientele Association of Private Client Investment Managers and Stockbrokers Financial leverage clientele Clientele effect Email client |
|
|
|