The term 'counselor' is frequently used interchangeably with 'attorney' or 'lawyer' and refers to a professional who offers legal and financial advice. Additionally, counselors may provide services for specific loan programs and advise on financial matters.
A load fund is a type of mutual fund that requires investors to pay a sales charge, typically to compensate financial advisors and brokers who sell the fund’s shares.
A multi-tied adviser is a type of financial advisor who represents several financial institutions and can offer products from a limited range of providers.
