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.

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