The purpose of this assignment is to assess your ability to analyze your client's current financial situation, determine their needs and goals, and whether they are Balancing, Maintaining or Increasing their wealth. Please analyze the following scenarios and provide the following information for each: 1. What are the clients expressed needs and goals? 2. Are they balancing, maintaining, or increasing their wealth? 3. Provide 3 questions you would ask each client to further explore their current financial situation. Scenario 1: Client A is a 45 year old professional with a good income but limited retirement savings. They are concerned about their ability to retire comfortably. They are hoping to retire by aged 60. Scenario 2: Client B is a 35 year old parent who wants to save for their child's college education. They have limited savings and need to balance college savings with other financial goals. Scenario 3: Client C is a 55 year old nearing retirement and they have a diverse investment portfolio that they've managed on their own. They're worried about market volatility and protecting their retirement savings. Scenario 4: Client D is a 30 year old who has accumulated significant credit card debt. They want to eliminate this debt and improve their financial situation. Scenario 5: Client E is a wealthy 60 year old individual who wants to ensure a smooth transition of their assets to their heirs and minimize estate taxes