8. Laura is a civil rights attorney, practicing in California. She offers her services on a 20% contingency fee basis. She recently won a $2,000,000 settlement for one of her clients, retaining a fee of $400,000 (20%) for work on the case. Laura also charged the same client a fee of $50,000 to help her invest the remaining proceeds received from the settlement. In exchange for the $50,000 fee, Laura created an asset allocation for the client, and recommended various investments, which included municipal bonds. Is Laura considered an investment adviser?