Advisory Services*

What is Advisory Services*?

Advisory services* is a means of investment whereby investors rely on the investment decisions of professional investment managers rather than their own. These investments will incur fees that can vary by the type of professional money management utilized.

KEY TAKEAWAYS

• Advisory services* refers to a strategy in which investors use the services of professional investment managers, who charge fees for their services.
• Financial advisors, wrap accounts and managed funds are three examples of professional investment managers used by investors.