Independent Investment Advisers
The investment advisors are people or companies outside the brokerage houses that are dedicated to the management of securities portfolios and regularly offer advisory services, supervision, and investment decision making on behalf of third parties. In regulated financial activities, they offer advice and administration of investment portfolios, exclusively authorized to issue instructions, the custody of securities remains in the financial institution in the name of the holder.
The investment advisor is a professional who uses his knowledge and experience in managing the investment portfolios of his clients.
The figure of the investment advisor is known in other countries as Investment Advisor Omaha NE
Carson Wealth Management Group
Address: 13321 California St #100, Omaha, NE 68154, USA
Phone: +1 402-330-0808
Mon 8:00 AM – 5:00 PM
Tue 8:00 AM – 5:00 PM
Wed 8:00 AM – 5:00 PM
Thu 8:00 AM – 5:00 PM
Fri 8:00 AM – 5:00 PM
The funds managed by the investment advisors are deposited in the name of each of the clients in individual accounts, in the different brokerage houses or banks, and the client is the only one that can withdraw funds or securities by the provisions of the Article 12-Bis of the Securities Market Law.
For the management of the account, the client grants the investment advisor a limited power exclusively to issue instructions to the financial institutions for the purchase and sale of the securities that make up their investment portfolios. Therefore, investment advisors cannot withdraw cash or securities from clients’ accounts.
Investment advisors are hired by investors who wish to have an alternative to advise their investments, which can benefit the investor as long as he/she clearly understands that, by appointing an investment adviser, he/she is granting the faculty to decide on their assets, so that this power must be adequately established.
To authorize the investment advisor to manage the account, it is essential that, before a notary public, the investor grants a power of attorney or subscribes the addendum to the stock market brokerage contract that the brokerage house can provide. These documents must contain, among other things, the following:
- a) The appointment of the investment advisor as their legal representative to handle the account or accounts, as the case may be, in one or several brokerage firms.
- b) The type of operations that the advisor can perform on his behalf or, as the case may be, the mention of those he is authorized to perform, and may also limit the maximum amount of those transactions. Operations that are not specified must be ratified directly by the investor before the brokerage house.
- c) The obligation to inform the brokerage house in case of change of its investment adviser or the termination of the contract signed with it. The preceding so that the intermediary (the brokerage house) does not receive further instructions from the investment adviser revoked by the investor.
- d) Where applicable, the obligation to inform the brokerage firm in writing of the payment conditions to the investment adviser.
- e) In your case, the authorization for your investment advisor to receive or collect your monthly statement.
Often, when investors intend to hire the services of an investment adviser, they are advised to grant a power of attorney or sign the addendum to the intermediation contract, both before a notary public, and avoid naming their adviser as co-owner or holder. of investment, because in this way he is co-owner of the securities deposited therein and may dispose of them as if they were his.