Qualified Professional Asset Manager (QPAM)

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Definition of 'Qualified Professional Asset Manager (QPAM)'

A Qualified Professional Asset Manager (QPAM) is a person who has met certain requirements set by the Securities and Exchange Commission (SEC). These requirements include having at least seven years of experience in the investment management industry, passing a series of exams, and being registered with the SEC. QPAMs are responsible for managing the assets of their clients, and they must act in their clients' best interests.

There are a number of benefits to using a QPAM. First, QPAMs have the experience and knowledge to make sound investment decisions. Second, QPAMs are subject to a number of regulations that help to protect investors. Third, QPAMs can provide clients with access to a wider range of investment options than they would have on their own.

If you are considering using a QPAM, it is important to do your research and choose a reputable firm. You should also make sure that the QPAM you choose has the experience and expertise to meet your needs.

Here are some additional resources that you may find helpful:

* [SEC website on QPAMs](https://www.sec.gov/divisions/investmentmanagement/im-iaqpam.shtml)
* [Investopedia article on QPAMs](https://www.investopedia.com/terms/q/qualified-professional-asset-manager.asp)
* [The Balance article on QPAMs](https://www.thebalance.com/qualified-professional-asset-manager-qpam-4178100)

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