investment advisors Archives - The Industry Spread

SEC Explains Differences Between Brokers and Investment Advisors

October 7, 2019

An investment advisor, Clayton noted, “generally manages your account. The advisor can advise you to buy, sell, or hold the securities and the advisor can make some of or all of those decisions for you.” As such, an investment advisor has more decision-making power than does the broker.

FIA Hires Don Byron to Head Its Operations and Execution Unit

August 11, 2019

USA based trade organisation FIA – The Futures Industry Association which is made up of futures commission merchants recently made an announcement stating that it has hired Don Byron to serve as the Head of its Global Industry Operations and Execution department. FIA primary deals with Futures & Options and Derivative assets providing a centralized clearance service.