ADVISOR ACCOUNT
A kind of investment account in which the investment advisor and the client are closely collaborating to formulate and implement the investment strategies and purchases. Most often, all of the final investment decisions are made by client.
The advisor account's fee structure are usually based on asset, wherein the annual payment made by the client depends on a percent of the assets within the account. Trading commission fees are not given.
POPULAR TERMS
Bubble Theory
Belief the prices of assets occasionally rise way above their true values and these bubbles are easily identifiable. The theory states huge overval ...
Hedge Accounting
An accounting method in which entries for the ownership of a security and the opposing hedge are treated as one. This method attempts to diminish t ...
12B-1 Fund
Mutual fund charging 12B-1 fees to its holders instead of the up-front or back-end commissions. Such funds take a specific part of assets and use i ...
George Soros
Hungarian-born American hedge fund manager, business magnate, and philanthropist broadly considered to be one of greatest investors worldwide. He m ...
Thorstein Veblen
American economist and sociologist best known for introducing the phrase “conspicuous consumption” in his book The Theory of t ...
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