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lilavasa [31]
2 years ago
12

An Investment Adviser Representative (IAR) is also a registered broker-dealer. The IAR has a brokerage client who has a $1,200,0

00 account; and a net worth of $2,500,000. The client wants the IAR to take over the management of the account, with the IAR to be compensated on a performance basis. The IAR should tell this client that the account:
Business
1 answer:
s2008m [1.1K]2 years ago
4 0

<em>Performance fees </em><em>are only permitted for </em><em>wealthy clients</em><em> who have at</em><em> least $1,000,000 invested or have a minimum $2,100,000 </em><em>net worth, therefore this client </em><em>qualifies </em><em>under the </em><em>Investment Advisers Act of 1940</em><em>.</em>

<h3>Who is an Investment Adviser Representative?</h3>

A representative of an investment adviser is typically someone who, in exchange for payment,

  • makes recommendations or otherwise renders advice regarding securities.
  • manages client accounts or portfolios.
  • chooses which recommendations or advice regarding securities should be given.
<h3>Investment Advisory Act of 1940</h3>

Investment consultants are governed by this statute. With few exceptions, this Act mandates that businesses or single proprietors who get payment for advising people on securities investments register with the SEC and abide by rules meant to safeguard investors.

learn more about Investment Adviser Representative here <u>brainly.com/question/14343163</u>

<u>#</u><u>SPJ4</u>

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A manager striving to improve organizational ___________ is accomplishing tasks that help achieve organizational objectives. a.
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Answer:

The answer is B.Effectiveness.

Explanation:

Effectiveness is accomplishing tasks that help fulfill organizational objectives.

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3 years ago
The appropriate section in the statement of cash flows for reporting the issuance of common stock for cash is: Multiple Choice O
nasty-shy [4]

Answer:

Financing activities.

Explanation:

In the financing activities of the cash flow statement the stockholder equity section should be considered i.e. if there is an issuance of the common stock or preferred stock or both so the same would be represented as cash inflow but if there is a dividend so it would be represent as a cash outflow

So as per the given situation it is a part of the financing activities

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3 years ago
The northern rock building society (LSE:NRK) just paid an annual dividend of $0.8 per share. NRK's dividends are anticipated to
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5 0
3 years ago
You are considering investing in the stock of PartyWagon, Inc. You expect a dividend of $1.25 next year, $1.31 in year 2, and $1
stich3 [128]

Answer: 29.93%

Explanation:

You can use Excel to solve for this.

Bear in mind that when given a series of cashflows, the expected return is the Internal Rate of Return (IRR).

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Second cashflow = $1.31

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6 0
3 years ago
Andersen's Nursery has sales of $318,400, costs of $199,400, depreciation expense of $28,600, interest expense of $1,100, and a
podryga [215]

Answer:

e. $42,438

Explanation:

The computation of the retained earning is shown below:

Earning after tax = Sales - cost - depreciation expense - interest expense - income tax expense

= $318,400 - $199,400 - $28,600 - $1,100 - $30362

= $58,938

The income tax expense equal to

= (Sales - cost - depreciation expense - interest expense) × tax rate

= ($318,400 - $199,400 - $28,600 - $1,100) × 0.34

= $30362

Now the retained earning equal to

= Earning after tax - dividend paid

= $58,938 - $16,500

= $42,438

7 0
3 years ago
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