A sales representative or other person who has registered with the National Association of Securities Dealers (NASD), disclosed the required background information, and passed one or more NASD examination. A registered representative engages in the securities business on behalf of a NASD member by soliciting the sale of securities or training securities salespeople. TO TOP
The employee of an NASD member firm who gives advice on which securities to buy and sell, and who collects a percentage of the commission income he or she generates.
The employees of a member firm whose job function requires them to be registered with an SRO. Specifically, the individual employees responsible for serv- ing the customers of a broker-dealer. Also known as an Account Executive.
An individual that is licensed by the National Association of Securities Dealers to sell securities, mutual funds, variable annuities or variable life insurance products to the general public.
A person who has passed an NASD examination, and is authorized to discuss and present securities products, including mutual funds, variable life insurance and variable annuities. A registered representative receives commissions on sales of securities products.
An individual who is licensed to sell securities and has the legal power of an agent, having passed the Series 7 and Series 63 examinations. Usually works for a brokerage licensed by the SEC, NYSE, and NASD. also called account executive.
A person registered with the SEC who is employed by, and soliciting business for, a stock exchange member broker/dealer.
someone in charge of a client's account for an advertising agency or brokerage or other service business
an individual who has passed the NASD's registration process and is therefore licensed to work in the securities industry
A person employed by, and soliciting business for, a commission house or a broker dealer. Many times referred to as a broker.
This is an individual who is licensed to sell securities to the public. An insurance agent who sells Variable products is required to pass all of the required examinations given by the National Association of Securities Dealers (NASD).
A person associated with a NASD member broker/dealer who acts as an account executive for clients. As such, the registered representative gives advice on which securities to buy and sell, and he collects a percentage of the commission income he generates as compensation. "Registered" means licensed with the NASD.
Now more commonly referred to as an investment advisor. This is a person employed by an investment dealer who provides investment advice to clients and executes trades on their behalf in securities and other investment products. Investment advisors must attain set educational qualifications, follow certain rules and regulations and be registered by the securities commission of the province in which he or she works.
(RR) Individual in the investment banking and securities industry that has successfully completed the examination and licensing required by a self-regulatory organization.
A person employed by, and soliciting business for, a commission house or Futures Commission Merchant.
An employee of a brokerage firm who has acquired a background in the securities business, has passed a series of tests, and is licensed by the Securities and Exchange Commission (SEC), the New York Stock Exchange (NYSE), and the National Association of Securities Dealers (NASD). (Vista 401(k) representatives are NASD registered representatives.)
A registered representative is a licensed securities broker.
Person registered and employed by a commission house.
Person associated with an NASD member firm, including assistant officers other than principals, who are engaged in the securities business or investment banking for the members. Functions include supervision, solicitation or conduct of business in securities, or training of persons associated with a member for any of these functions.
A term used for self-regulatory organization registration and exam and licensing purposes to refer to all associated persons engaged in the investment banking and securities business.
A brokerage firm employee who acts as an account executive for clients. In a full brokerage house, a registered representative solicits clients' business and provides advice on when to buy and sell securities. For this advice, the RR may receive a percentage of the commission that is charged to the client for making such transactions. In a discount firm, a RR facilitates the execution of client orders. The RR does not solicit new customers or give investment advice. See: Account Executive; Broker; Commission; Full Service Broker
The man or woman who serves the investor customers of a broker/dealer. In a New York Stock Exchange-member organization, a registered representative must meet the requirements of the exchange as to background and knowledge of the securities business. Also known as a financial advisor or customer's broker.
Person licensed to sell stocks, bonds, mutual funds, and other types of securities.
A person who has passed certain NASD examination. Any agent selling variable products must also be a registered representative of the NASD.
An associated person engaged in the investment banking or securities business. According to the NASD, this includes any individual who supervises, solicits or conducts business in securities or who trains people to supervise, solicit or conduct business in securities. Anyone employed by a brokerage firm who is not a principal and who is not engaged in clerical or brokerage administration is subject to registration and exam licensing as a registered rep.
The person, normally employed by a brokerage firm or broker/dealer, who acts as an account executive for customers to buy and sell securities. The term registered means the individual has passed qualifying securities examinations and is registered with the SEC.
An employee of a brokerage house that has been licensed by the Securities and Exchange Commission. This requires passing a series of tests.
Any person who is licensed with the National Association of Securities Dealers and who is engaged either in selling securities as the agent or representative of a broker-dealer or in training the sales persons associated with a broker-dealer.