Question

An investment adviser representative may share in the profits and losses of a customer's account A) under no conditions B) provided a written contract is executed between the investment adviser and the client C) if the investment adviser representative deducts the advisory fee charged the customer from any profits earned D) as long as both the customer and the representative's employer give written consent

Answer 1

Answer: under no condition

Step-by-step explanation:

An Investment Advisory Representative (IAR) are the individuals that are authorized and licensed who give investment advices to investment companies. They typically work as a financial advisor.

It should be noted that an investment adviser representative may share in the profits and losses of a customer's account under no conditions. They cannot share in the appreciation of capital.

Therefore, the correct option is A.