Cutting through the Confusion

The Investment Adviser Association, along with the Consumer Federation of America, North American Securities Administrators Association, Financial Planning Association, and CFA Institute, have produced an investor education brochure. Entitled, “Cutting through the Confusion,” the brochure explains differences between brokers, investment advisers, and financial planners, and identifies questions investors should ask themselves and potential providers before making a choice. A press release issued by the Coalition for Investor Education highlights the purposes of the brochure. Investors should contact the IAA office to receive a free copy of the brochure.




IAA Standards of Practice

Since its founding in 1937, the Investment Adviser Association has prescribed certain principles of conduct for investment advisers. Over the years, many of these principles have been used by Congress and the Securities and Exchange Commission as the basis for legislation and regulations governing the conduct of investment advisers and by the United States Supreme Court in defining the standards of fiduciary conduct applicable to all investment advisers.

Reading through the IAA Standards of Practice may help investors understand the fiduciary principles of conduct endorsed by members of the IAA. For more information please find the brochure below or go to the IAA Standards of Practice section of our website.