Investment advice refers to guidance or recommendations provided by a professional advisor, such as an investment manager or financial planner, on how to best allocate funds and make investments. This can include suggestions for stocks, bonds, mutual funds, real estate, or other assets that are expected to generate returns and help grow an individual's or institution's wealth over time. The goal of investment advice is typically to minimize risk while maximizing potential gains, taking into account the client's financial goals, tolerance for risk, and overall investment strategy.