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url: /glossary/FIA.md
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## Financial Investment Advisors (FIAs)

These regulated professionals must choose between two statuses:

* Non-independent FIA
* Independent FIA

According to an [AMF brochure](https://www.amf-france.org/sites/institutionnel/files/contenu_simple/guide/guide_pedagogique/S%27informer%20sur%20%20Les%20conseillers%20en%20investissements%20financiers%20%28CIF%29.pdf)
intended for individual investors,

If investment advice is provided on an independent basis, your FIA:

* must offer you a sufficiently broad and diversified range of financial investments from different providers and companies with which it has no legal ties;
* must not be remunerated by the institution that manages the product it recommends to you. If it is, it must pass on to you the amount or benefit it receives;
* charges you advisory fees for the payment of its advisory services.