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can someone help me out with this questions. Thanks in advance 10 With a discretionary management investment account, which of the following features are NOT
can someone help me out with this questions. Thanks in advance
10 With a discretionary management investment account, which of the following features are NOT true? O O Review Later All investment decisions are done without the client present, and decisions are made independently The client is advised on which investments to buy or sell on their own Portfolio or asset managers make the investment decisions Client delegates the authority to manage investments Page 10 of 15 9 When investing a client's money, it is important to understand their risk tolerance. What are factors that impact risk tolerance? Select all that apply. Age Net worth Income expectations Psychological makeup Page 9 of 15 Prev Page Review Later Next Page Main Question Set 8 Review Later What are the purposes behind using a Know Your Client (KYC) questionnaire? Select all that apply. Uncover prior investment experience Use as an assessment tool Understand the client's attitude toward risk Use only to protect the client, not the advisor or institution Main Question Set 8 What are the purposes behind using a Know Your Client (KYC) questionnaire? Select all that apply. Review Later Uncover prior investment experience Use as an assessment tool Understand the client's attitude toward risk Use only to protect the client, not the advisor or institution Page 8 of 15 Main Question Set 7 What is NOT considered a key component of the investment strategy process? O Discovering the client's reasons for investing Identifying the level of risk tolerance Review Later Selecting and purchasing investments on behalf of the client Understanding the client's personal and financial situation Page 7 of 15 Prev Page Next PageStep by Step Solution
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