Which of the following investment advisers would be permitted to use the term "investment counsel"?
A) A professional providing a market timing service with an annual subscription fee of $995; this service attempts to maximize profits by suggesting entry and exit points for over 100 listed stocks.
B) An investment adviser who has been admitted to the bar in the state in which the firm's principal office is located.
C) A firm whose exclusive business is placing clients' assets into model portfolios.
D) A financial planner offering a wide range of services to his clients, including tax planning, estate planning, insurance planning, and investment advice.
Answer: C