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Dmitry [639]
2 years ago
6

A financial advisor cold calling lead a prospect mentions that he manages his own portfolio and hasn't used an advisor in the pa

st what should the advisor do first
​
Business
1 answer:
svetoff [14.1K]2 years ago
5 0

The financial advisor who just found out that the prospect manages his own portfolio should Ask if there’s a reason he hasn’t used an advisor in the past.

<h3>What should a financial advisor do?</h3>

The financial advisor should start by finding out if there is a reason why the prospect has never had a financial advisor.

This will help him decide how to proceed in terms of offering the prospect their services.

Find out more on financial advisors at brainly.com/question/22718634.

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Assume that you live in a simple economy in which only three goods are produced and​ traded: cashews,​ pecans, and almonds. supp
svetlana [45]

Answer: The overall price level increased.

Explanation: The rise in the overall price level is termed as inflation. From the information we can see that the average price of the three goods in 2015 was $7.50. A year later, the average price changed to $7.58.

Therefore, the overall price level rose as the average price level increased from $7.50 to $7.58.

6 0
3 years ago
You sell one December futures contracts when the futures price is $1,010 per unit. Each contract is on 100 units and the initial
jonny [76]

Answer:

balance in the margin account therefore goes down from $2,000 to $1,800

Explanation:

given data

contract  = 100 units

futures price = $1,010 per unit

initial margin = $2000

maintenance margin = $1500

futures price rises =  $1,012 per unit

solution

we get here by short sold the futures contract so profit when price goes up  is

loss = $1,012 - $1,010 = 2 per unit

short position loss is  = 2 × 100 = 200

Margin account balance at the end of the day = Initial margin - loss due to increase    .......................1

Margin account balance  = $2000 - $200 = $1800

so balance in the margin account therefore goes down from $2,000 to $1,800

4 0
3 years ago
One way of controlling "nuisance" variables is to match the various groups by picking the confounding characteristics and delibe
jonny [76]
Dang I used to know this but I completely forgot I will try to answer if it comes back to me
5 0
3 years ago
A ________ consists of all the product lines and items that a particular seller offers for sale.
aliya0001 [1]

product mix consists of all the product lines and items that a particular seller offers for sale.

<h3>What is product ?</h3>

In the economic sense, a product is anything that may be sold to fulfill a customer's want or need. Product information may be included with a product. The product description is established by law for several product categories. For instance, food products must bear labels that list the contents, ingredients, and best-before date.

Some businesses make products and offer services using product information systems. A product information system keeps track of a product's attributes and life cycle, among other things. This product life cycle illustrates how a product changes as it is being actively manufactured and sold. Phases like development, growth, maturity, and degradation are involved. A product might be a physical item, like

To learn more about product from the link:

brainly.com/question/25638609

#SPJ4

8 0
2 years ago
Diversification is an important part of investing because
xeze [42]
Diversification in investments will reduce long-term risk. 
7 0
3 years ago
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