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Business Definition for: account executive

Dictionary of Finance and Investment Terms
account executive

brokerage firm employee who advises and handles orders for clients and has the legal powers of an agent . Every account executive must pass certain tests and be registered with the National Association of Securities Dealers (NASD) before soliciting orders from customers. Also called registered representative.

See also broker
Dictionary of Business Terms
account executive

Advertising:executive of an ad agency who oversees a particular account and who is the principal coordinator and contact person fo the client within the agency.
Finance:brokerage firm employee who advises and handles orders for clients and has the legal powers of an AGENT. Every account executive must pass certain tests administered by securities regulatory boards. Also called registered representative.See also broker .

Related Terms:
broker

Insurance: person who finds the best insurance deal for a client and then sells the policy to the client.
Real estate: person who represents the seller and gets a commission when the property is sold.
Securities: person who acts as an intermediary between a buyer and seller, usually charging a commission. A broker who specializes in stocks, bonds, commodities, or options acts as agent and must be registered with the exchange where the securities are traded. Hence the term registered representative. See also account executive; dealer; discount broker.

Referring Terms:
agent
share broker
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 Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
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