Simple difference: FINRA/NASD Licenses. Advisors also sell, maybe even moreso. All you gotta do is go to FINRA site and look up someone's licenses to find out who you're dealing with. You got a ton of series 6's and 7's calling themselves advisors all the time. Nowadays, if you are designating fiduciary responsibilities to someone, you should make sure they have series 7, 63, 65, 87, and CFA level III.
Simple difference: FINRA/NASD Licenses. Advisors also sell, maybe even moreso. All you gotta do is go to FINRA site and look up someone's licenses to find out who you're dealing with. You got a ton of series 6's and 7's calling themselves advisors all the time. Nowadays, if you are designating fiduciary responsibilities to someone, you should make sure they have series 7, 63, 65, 87, and CFA level III.
darkjeshush 1 year ago