EIAA

(redirected from Eligible Investment Advice Arrangement)
AcronymDefinition
EIAAEuropean Interactive Advertising Association
EIAAEligible Investment Advice Arrangement (wealth management)
EIAAEnvironmental Impact Assessment Act (various nations)
EIAAEnvironment Industry Action Agenda (Australia)
EIAAExtended-Interval Aminoglycoside Administration (pediatrics)
EIAAExporters and Importers Association of Alberta (Canada)
References in periodicals archive ?
As an independent investment advisor working with plan participants, according to congressional opinion, you don't need to establish an eligible investment advice arrangement with your plan sponsor because you don't benefit (monetarily) from the advice you provide and therefore will not be engaging in a prohibited transaction.
Now, for those of you (us) working through a broker/dealer relationship must enter into an eligible investment advice arrangement with the plan sponsor with the intention of avoiding the potential conflicts that would exist (in the perception of Congress and the Department of Labor) absent such an arrangement.
This eligible investment advice arrangement was created in reaction to what is (was) considered conflicts of interest by the advisor (or entity) offering advice to the plan participant based upon a resultant increase in compensation to the advisor or entity.
The terms of the eligible investment advice arrangement require compliance by the fiduciary advisor with the requirements of ERISA Section 408(g); and
The terms of the eligible investment advice arrangement include a written acknowledgement by the fiduciary advisor that the fiduciary advisor is a fiduciary of the plan with respect to the rendering of investment advice.
An eligible investment advice arrangement must be expressly authorized by a plan fiduciary other than:
An eligible investment advice arrangement must satisfy the following disclosure requirements:
Each adviser must have a written agreement with the Fiduciary Client, described as an eligible investment advice arrangement (EIAA).
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