815 ILCS 5/2.12b

"Investment adviser representative" means, with respect to an investment adviser who is required to register under this Act, any partner, officer, director of (or a person occupying a similar status or performing similar functions), or other natural person employed by or associated with an investment adviser, except clerical or ministerial personnel, who in this State: (1) makes any recommendations or otherwise renders advice regarding securities or investment products; (2) manages accounts or portfolios of clients; (3) determines what recommendation or advice regarding securities or investments should be given; (4) supervises any employee who performs any of the foregoing; or (5) solicits, refers, offers, or negotiates for the sale of, or sells, investment advisory services. With respect to a federal covered investment adviser, "investment adviser representative" means any person who is an investment adviser representative with a place of business in this State as such terms are defined by the Securities and Exchange Commission under Section 203A of the Federal 1940 Investment Advisers Act.