Glossary Terms > Outside Investment Adviser Account > What is that?

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A separate account managed by an outside investment adviser which is an individual portfolio consisting of stocks and/or bonds that may take into consideration individual risks and objectives. Unlike a mutual fund, an investor in an Outside Investment Adviser Account owns the individual securities instead of mutual fund shares.

Last updated on May 14, 2009 by Jack Parsons

Sources of definitions:

FINRA website, investor words . com, US Legal definitions, MSRB website, dictionary . com, SEC website

Vickery Creek Capital Management is not responsible for the accuracy of the definitions herein; this glossary is intended to assist clients and prospective clients in better understanding financial and investment terms.  It is the responsibility of the individual to fully understand the specifics associated with investment terms that relate to their situation.