Understanding the Different Types of Investment Professionals

In recognition of Financial Literacy Month, the North American Securities Administrators Association (NASAA) and the Washington State Department of Financial Institutions (DFI) is reminding investors of the importance of understanding the distinctions between the various types of financial professionals.

Each type of financial professional serves a distinct role in helping with your financial future.

Before choosing and working with an investment professional, it pays to understand the differences between a broker-dealer agent, an investment adviser representative, and a financial planner.

To help investors understand these differences, NASAA has issued an investor advisory providing basic information on these types of financial services professionals and their obligations to investors.

View Investor Advisory