Know Your Client (KYC)
A standard form in the investment industry that ensures investment advisors know detailed information about their clients' risk tolerance, investment knowledge and financial position.

Investopedia Says:
KYC forms protect both clients and investment advisors. Clients are protected by having their investment advisor know what investments best suit their personal situations. Investment advisors are protected by knowing what they can and can not include in their client's portfolio.

Related Terms:
Brokerage
Churning
Due Diligence
Due Diligence Meeting
Private Banking
Retail Banking

• Tertiary Industry
• Test
• Testamentary Trust
• THB
• The Bond Buyer
• The Conference Board
• The Kelly Criterion
• Theoretical Dow Jones Index
• Theoretical Ex-Rights Price
• Theta
• The Wealth Effect
• The World Bank
• The World Bank
• Thin Market
• Third Market
• Third Market Maker
• Third-Party Distributor
• Third-Party Mortgage Originator
• Thirty-Year Treasury
• Three Black Crows
• Three White Soldiers
• Three-Year Rule
• Threshold List
• Thrift Bank
• Thrift Savings Plan (TSP)