The investment advisory service consists of the provision of personalized recommendations to a client, either at the request of the client or at the initiative of the company, with respect to one or more operations relating to financial instruments. This investment service can be provided by securities companies and agencies, portfolio management companies, management companies of collective investment schemes and credit institutions. Provided they are all authorized, according to their program of activities. Individuals or legal entities registered in the EAF (Financial Advising Companies) registry also provide the investment advisory service, which is the only investment service they are authorized to provide.