Question

In: Finance

One of the key benefits identified early on was that a financial planning practice could: a.Attract...

One of the key benefits identified early on was that a financial planning practice could:

a.Attract clients otherwise not engaged in the purchase of insurance, stocks or bonds

b.Develop a business that would have value that could be sold at some point, such as retirement of the planner.

c.Consolidate sales of insurance and stock under one roof

d.Incorporate psychology into the financial services industry in order to get consumers to buy more financial products.

Solutions

Expert Solution

Ans b.Develop a business that would have value that could be sold at some point, such as retirement of the planner.

One of the key benefits identified early on was that a financial planning practice could develop a business that would have value that could be sold at some point, such as retirement of the planner.


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