Mark is looking for professional financial assistance. mark has never invested before and is not quite sure where to start. he knows that he wants to build up investments for future projects such as retirement, but he is not sure how to navigate investment in light of his existing debts. recommend an appropriate financial professional for mark.
(a) full-service broker
(b) discount broker
(c) financial planner

Option C

Explanation:

A. Full service broker are the broker- dealers of the firm that provides services like research, retirement planning etc. A broker earns the commission on transactions that are to be made frequently which might not be done in case of Mark.

B. A discount broker does not provide any kind of financial assistance, its work is to transact sale of buy and sell orders in the stock market at discount rates. Thus, it is not suitable for Mark.

C. A financial planner is the suitable professional for Mark, as these are the individuals that first takes into consideration the goals and objectives of the client and then plan accordingly as per their long term objectives.

The appropriate financial professional for Mark is C) financial planner.

Explanation:

A financial planner ( who is a type of financial adviser ) is a person who would help his client by making a comprehensive plan for him , so that he can achieve his financial goals . Financial planner would also help his client in reducing his debt ( like in the case of Mark ) by giving him recommendations regarding where to invest by assessing the current market situation. Many financial planners also helps their clients in their retirement plans .

false. insurance companies differ from the pricing to the different deals you can get.

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