<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.
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Explanation:
The saving-borrowing-investing cycle generally begins with consumer borrowing to fund their purchases and for seed capital and they then use this capital to invest in their future.
Answer:
Interpersonal relationship
Explanation:
Took business
Answer:
b. $301.10
Explanation:
Current Sales = P = $225,000,000
Growth rate = g = 6%
Number of year = 5 years
Using simple growth formula we will find the Sales value after 5 years.
Future Sales = Current Sale ( 1 + growth rate )^Number of years
A = P ( 1 + g )^n
A = 225,000,000 x ( 1 + 0.06 )^5
A = 225,000,000 x 1.33823
A = 301,101,750 = 301.10175 Million
So, the correct option is b. $301.10.
Answer:
hi. to me, the option that makes the most sense would be (A.) Brand Voice. I'm not 100% sure, but I hope this helps!