Execution-only refers to situations where clients make investment decisions without receiving advice from the firm. The firm’s role is limited to executing the client’s instructions, without providing recommendations or assessing suitability.
Key features:
The firm does not offer advice.
The client takes full responsibility for their investment decisions.
[Reference:, ICWIM, Topic: Types of Investment Advice and Regulatory Frameworks., FCA Handbook, Conduct of Business Sourcebook (COBS)., , , , , ]
Submit