(1). Stock broker … who also might sell insurance.
“Okay, guys … we really want to start targeting high-net worth individuals this year. So, we’re going to start calling you ‘wealth advisors‘ to show you do more than push product. That said, keep pushing product.”
(1). To proactively address an issue which is identified as potentially dangerous to the firm or a client relationship. The term is often used when trying to quietly clean up an error before the client notices anything is wrong.