What is meant by "investment adviser representative"?

An investment adviser representative is specifically defined as an individual employed by or associated with an investment adviser who is engaged in providing investment advice to clients. This role encompasses the delivery of financial guidance, recommendations regarding securities, and assistance in the investment decision-making process. The representative acts under the authority of the investment adviser and is often involved in client management and communication, ensuring that clients receive personalized advice based on their financial needs and goals.

This definition establishes a clear distinction between roles; for instance, managing portfolios requires a different skill set and licensing, while writing reports for advisers is more about documentation than direct client interaction. Administrative duties, while essential for the operation of investment advisers, do not involve the provision of investment advice, which is the core function of an investment adviser representative. Hence, the correct option signifies the essential features of the role within the regulatory framework governing investment advisory services.