what is a nominated advisor nomad 
a nominated advisor nomad is a financial services firm that assists with listing a company on the alternative investment market aim of the london stock exchange lse the alternative investment market is a specialized unit of the lse catering to smaller more risky companies the lse requires that a company seeking a listing on aim have a nomad which the lse itself must approve to carry out the functions once listed on the aim the nomad oversees the company and ensures it follows regulations nomads are thus seen as the regulatory system for the less stringent aim market and are tasked with advising companies both pre ipo and after listing 