Tom recently inherited a large sum of money that he wants to invest in the stock market. Since he has no investment experience, he has decided that he would like to work with a professional who can explain the market to him and manage his funds for him. Ted most likely needs the services offered by a(n):
A)deep-discount broker.
B)discount broker.
C)full-service broker.
D)online broker.
E)cyber broker.

Question

Quizplus · Accepted Answer

Tom needs the services of a full-service broker who can provide him with investment guidance and manage his funds. Full-service brokers typically offer personalized advice, investment analysis, and portfolio management services. This will be ideal for Tom since he has no investment experience.

Tom Recently Inherited a Large Sum of Money That He