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Julia Kagan has written about personal finance for more than 25 years and for Investopedia since 2014. The former editor of Consumer Reports , she is an expert in credit and debt, retirement planning, home ownership, employment issues, and insurance. She is a graduate of Bryn Mawr College (A.B., history) and has an MFA in creative nonfiction from Bennington College.

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Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader with more than fourteen years of experience working with print and online publications. In 2011, she became editor of World Tea News, a weekly newsletter for the U.S. tea trade. In 2013, she was hired as senior editor to assist in the transformation of Tea Magazine from a small quarterly publication to a nationally distributed monthly magazine. Katrina also served as a copy editor at Cloth, Paper, Scissors and as a proofreader for Applewood Books. Since 2015 she has worked as a fact-checker for America's Test Kitchen's Cook's Illustrated and Cook's Country magazines. She has published articles in The Boston Globe, Yankee Magazine, and more. In 2011, she published her first book, A Tea Reader: Living Life One Cup at a Time (Tuttle). Before working as an editor, she earned a Master of Public Health degree in health services and worked in non-profit administration.

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An agent is authorized to act on behalf of another person, such as an attorney or a stockbroker. People hire agents to perform tasks that they lack the time or expertise to do for themselves. A universal agent has wide authority to act on another's behalf, but a general agent or special agent has more limited and specific powers. Agency by necessity is where an agent is appointed to act on behalf of a client who is physically or mentally incapable of making a decision. Most agent jobs require a license and registration with the appropriate state authorities.

Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our
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A power of attorney (POA) is legal authorization for a designated person to make decisions about another person's property, finances, or medical care.

Agency by necessity is a type of relationship in which one party can make essential decisions for another party.

A fiduciary is a person or organization that acts on behalf of a person or persons and is legally bound to act solely in their best interests.

A broker is an individual or firm that charges a fee or commission for executing buy and sell orders submitted by an investor.

An exclusive listing is an agreement in which one real estate broker is authorized to act as the sole agent of the seller.

A listing broker or listing agent helps you list and sell your home. Learn what a listing broker does and when you might need one.

Power of Attorney: When You Need One

What Are the Responsibilities of a Company Principal?

How to Use Power of Attorney (POA) for a Reverse Mortgage

8 Reasons to Choose a Real Estate Agent Over "For Sale By Owner"

When Should You Hire a Financial Advisor?

Financial vs. Medical Power of Attorney: What’s the Difference?

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An agent, in legal terminology, is a person who has been legally empowered to act on behalf of another person or an entity. An agent may be employed to represent a client in negotiations and other dealings with third parties. The agent may be given decision-making authority.

Two common types of agents are attorneys, who represent their clients in legal matters, and stockbrokers , who are hired by investors to make investment decisions for them. The person represented by the agent in these scenarios is called the principal. In finance, it refers to a fiduciary relationship, in which an agent is authorized to perform transactions on behalf of the client and in their best interest.

An agent is anyone that is given permission to act on an individual's behalf and may do so in a variety of capacities. This could include selling a home, executing a will , managing a sports career, managing an acting career, being a business representative, and so on.

Agents have expertise in a specific industry and are more knowledgeable about that industry's ins and outs than the average person. For example, if you started gaining attention as a musician, you would hire a music agent to help guide you through getting a record deal, signing record contracts, and arranging your touring schedule.

As you would not have any experience with the record industry, you would need an agent to look out for your best interests and take care of a lot of the work that you would otherwise most likely not be able to complete on your own. This would also free up your time so that you can concentrate on making music.

Agents come in all types depending on their function and the industry in which they operate. In general, there are three types of agents: universal agents, general agents, and special agents.

Universal agents have a broad mandate to act on behalf of their clients. Often these agents have been given power of attorney for a client, which gives them considerable authority to represent a client in legal proceedings. They may also be authorized to make financial transactions on behalf of their clients.

General agents are contracted to represent their clients in specific types of transactions or proceedings over a set period. They have broad authority to act but in a limited sphere. A talent agent for an actor would fall under this category.

Practicing as an agent in a specific industry without the proper license or registration can lead to fines or being prohibited from acting as an agent in that industry in the future. Before working as an agent, ensure that you have obtained the right license, certification, and registration.

Special agents are authorized to make a single transaction or a series of transactions within a limited period. This is the type of agent most people use from time to time. A real estate agent, securities agent , insurance agent, and travel agent are all special agents.

People hire agents to perform tasks that they lack the time or expertise to do for themselves. Investors hire stockbrokers to act as middlemen between them and the stock market . Athletes and actors hire agents to negotiate contracts on their behalf because the agents are typically more familiar with industry norms and have a better idea of how to position their clients.

More commonly, prospective homeowners use agents as middlemen, relying on the professional's greater skills at negotiation.

Businesses often hire agents to represent them in a particular venture or negotiation, relying on the agents' superior skills, contacts, or background information to complete deals.

There is also " agency by necessity ," in which an agent is appointed to act on behalf of a client who is physically or mentally incapable of making a decision. This is not always a case of incapacitation. Business owners, for example, might designate agents to handle unexpected issues that occur in their absence. For example, if a CEO was on a flight and unreachable yet an emergency business decision needed to be made, agency by necessity could be used.

Agency by necessity is most often executed in times of emergency or urgency when the primary party is not available to make a decision. In these situations, courts would recognize a third party making the decision if that party was given power by the primary party to do so. The third party would be responsible for acting in the primary party's best interest.

Estate planning requires a lot of tax knowledge. Having an agent guide you through the process will be beneficial to ensure your beneficiaries receive the most of their inheritance.

Estate planning often sees agency by necessity. Though an individual may have created a will outlining how an estate should be disbursed at their time of death, there could be situations where the person became incapacitated before needed adjustments to the will were made. Here, agency by necessity could be used by a trusted party.

An enrolled agent is one that represents taxpayers in front of the Internal Revenue Service (IRS). To become an enrolled agent, one needs to pass an IRS test that covers individual and business tax returns or through experience by being a former IRS employee. Enrolled agents can represent any type of taxpayer over any tax matter in front of any tax department in the IRS. 1
A registered agent is an individual that is authorized to accept legal documents on behalf of a limited liability company (LLC). All LLCs require a registered agent and they are legally allowed to accept tax documents, legal documents, government documents, compliance documents, and any other documents pertaining to the LLC. A registered agent for an LLC is known to be an "agent for service of processes." If an LLC does not have a registered agent, it may be fined by the state, not allowed to file a lawsuit, be denied financing, and not allowed to expand out of state.
To become a real estate agent, you need to obtain a real estate agent license. There are a few qualifications for this, and they can vary from state to state. In general, a person needs to be 18 years of age, be a legal resident of the U.S., complete the required relicense education, and pass the real estate exam. Individuals can enroll in relicensing courses before taking the real estate exam.
The first step in becoming an insurance agent is deciding what kind of insurance agent you want to be, as the type depends on the path to becoming one. You can choose to be either a captive insurance agent or an independent insurance agent. From there, you will need to decide what insurance products you would like to sell to clients. The next step is becoming licensed in your state. The products that you decide you would like to sell will depend on the type of license you will need. You will take your licensing exam and from there you will have to submit a background check and license application to your state's licensing department. Once this is complete, you will need to find an insurance company to work with.
To become a sports agent you will need to obtain a sports license and register with the state. Not all states require this. The sport or league that you will want to join will require certification as well. Typically, a bachelor's degree is required before becoming a sport's agent, and advanced degrees, such as law, help in becoming one so that you can understand the legal language of the contracts of the clients you manage. Once you have been certified and received your license, you will need to join a sports agency and from there start building a client base.

An agent is anyone that has been entrusted to act on behalf of another individual. People usually call upon an agent when they need someone with more expertise or when they don't have the time to complete a task.

Agents are commonly used in the finance, law, real estate, insurance, acting, and music industries, yet they can be found in almost any situation when advanced knowledge on a topic is needed. Agents can save people a lot of time, money, and headaches in getting important tasks done.

Internal Revenue Service. " Enrolled Agent Information ." Accessed Sept. 28, 2021.

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$protectedSettingsString = @{"proxy" = @{username = "[username]"; password = "[password]"}}

Set-AzVMExtension -ExtensionName AzureMonitorWindowsAgent -ExtensionType AzureMonitorWindowsAgent -Publisher Microsoft.Azure.Monitor -ResourceGroupName -VMName -Location -TypeHandlerVersion 1.0 -SettingString $settingsString -ProtectedSettingString $protectedSettingsString

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$protectedSettingsString = @{"proxy" = @{username = "[username]"; password = "[password]"}}

Set-AzVMExtension -ExtensionName AzureMonitorLinuxAgent -ExtensionType AzureMonitorLinuxAgent -Publisher Microsoft.Azure.Monitor -ResourceGroupName -VMName -Location -TypeHandlerVersion 1.5 -SettingString $settingsString -ProtectedSettingString $protectedSettingsString

$settingsString = @{"proxy" = @{mode = "application"; address = "http://[address]:[port]"; auth = true}}
$protectedSettingsString = @{"proxy" = @{username = "[username]"; password = "[password]"}}

New-AzConnectedMachineExtension -Name AzureMonitorWindowsAgent -ExtensionType AzureMonitorWindowsAgent -Publisher Microsoft.Azure.Monitor -ResourceGroupName -MachineName -Location -Setting $settingsString -ProtectedSetting $protectedSettingsString

$settingsString = @{"proxy" = @{mode = "application"; address = "http://[address]:[port]"; auth = true}}
$protectedSettingsString = @{"proxy" = @{username = "[username]"; password = "[password]"}}

New-AzConnectedMachineExtension -Name AzureMonitorLinuxAgent -ExtensionType AzureMonitorLinuxAgent -Publisher Microsoft.Azure.Monitor -ResourceGroupName -MachineName -Location -Setting $settingsString -ProtectedSetting $protectedSettingsString

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Azure Monitor Agent (AMA) collects monitoring data from the guest operating system of Azure and hybrid virtual machines and delivers it to Azure Monitor for use by features, insights, and other services, such as Microsoft Sentinel and Microsoft Defender for Cloud . Azure Monitor Agent replaces all of Azure Monitor's legacy monitoring agents. This article provides an overview of Azure Monitor Agent's capabilities and supported use cases.
Here's a short introduction to Azure Monitor video , which includes a quick demo of how to set up the agent from the Azure portal: ITOps Talk: Azure Monitor Agent
Deploy Azure Monitor Agent on all new virtual machines to collect data for supported services and features .
If you have virtual machines already deployed with legacy agents, we recommend you check whether Azure Monitor Agent supports your monitoring needs and migrate to Azure Monitor Agent as soon as possible.
Azure Monitor Agent replaces the Azure Monitor legacy monitoring agents:
Azure Monitor Agent uses data collection rules , using which you define which data you want each agent to collect. Data collection rules let you manage data collection settings at scale and define unique, scoped configurations for subsets of machines. The rules are independent of the workspace and the virtual machine, which means you can define a rule once and reuse it across machines and environments.
To collect data using Azure Monitor Agent:
Define a data collection rule and associate the resource to the rule.
The table below lists the types of data you can currently collect with the Azure Monitor Agent and where you can send that data.
1 On Linux, using Azure Monitor Metrics as the only destination is supported in v1.10.9.0 or higher.
2 Azure Monitor Linux Agent v1.15.2 or higher supports syslog RFC formats including Cisco Meraki, Cisco ASA, Cisco FTD, Sophos XG, Juniper Networks, Corelight Zeek, CipherTrust, NXLog, McAfee, and Common Event Format (CEF).
In addition to the generally available data collection listed above, Azure Monitor Agent also supports these Azure Monitor features in preview:
In addition to the generally available data collection listed above, Azure Monitor Agent also supports these Azure services in preview:
Azure Monitor Agent is available in all public regions and Azure Government clouds. It's not yet supported in air-gapped clouds. For more information, see Product availability by region .
There's no cost for the Azure Monitor Agent, but you might incur charges for the data ingested. For information on Log Analytics data collection and retention and for customer metrics, see Azure Monitor pricing .
The Azure Monitor Agent supports Azure service tags. Both AzureMonitor and AzureResourceManager tags are required. It supports connecting via direct proxies, Log Analytics gateway, and private links as described in the following sections.
If you use private links on the agent, you must also add the DCE endpoints .
If the machine connects through a proxy server to communicate over the internet, review the following requirements to understand the network configuration required.
The Azure Monitor Agent extensions for Windows and Linux can communicate either through a proxy server or a Log Analytics gateway to Azure Monitor by using the HTTPS protocol. Use it for Azure virtual machines, Azure virtual machine scale sets, and Azure Arc for servers. Use the extensions settings for configuration as described in the following steps. Both anonymous and basic authentication by using a username and password are supported.
Proxy configuration is not supported for Azure Monitor Metrics (Public preview) as a destinatio
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