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federal covered advisor - 1 dictionary result
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Federal Covered Advisor

An investment advisor that manages over $25 million in assets for other investors.

Investopedia Commentary

These investors must meet regulations of individual states and file with the SEC yearly in order to ensure that all information is recent and accurate.

Related Links

Shopping For A Financial Advisor
Policing The Securities Market: An Overview Of The SEC
Tips For Resolving Disputes With Your Financial Advisor

See also: Investment Advisor, SEC

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