Just call us Bond. Amortized bond.
Over 700 finance terms, Shmooped to perfection.
You're an at-least-semi fat cat. You think you have some Buffett in you (Warren, not Jimmy). You want to be intimately involved in managing your money. You have an X-Files "Trust No One" phone case (The 90s were cool, we get it).
So you set up an advisor account. The advisor works directly with you, the client, to figure out where you're puttin' your dough. You stay in the driver's seat and decide which investments you want in there and which ones you don't (Apple? Puh-lease—you want something more obscure than that.)
You pay for that kind of control, though—and it's usually a percentage of the assets in your account (so if you're quite a fat cat, you might have to get a little fatter to pay for it).