investment counselor

noun

variants or investment adviser

: an individual or firm that analyzes and makes recommendations on a client's securities for a fee but does not have physical custody of these securities

investment counselors or advisers must register under the Investment Advisers Act of 1940

—J. O. Kamm

Word History

Etymology

investment entry 2

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

• More than 250,000 words that aren't in our free dictionary
• Expanded definitions, etymologies, and usage notes
• Advanced search features
• Ad free!