Qualified Professional Asset Manager (QPAM)


An investment adviser, registered with the Securities and Exchange Commission (SEC), who meets the conditions in the Employee Retirement Income Security Act (ERISA). A QPAM-managed fund can be involved in a wide variety of transactions, especially involving accounts holding retirement funds. Regulated bodies like banks and insurance firms may also qualify as QPAMs.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Qualified Pre-Retirement Survivor Annuity (QPSA) qualified retirement plan