Thom Hollis works as a financial advisor for TD Bank Financial Group. His job involves providing investment advice to many clients, in person or on the phone, and writing many letters and e-mails. He has an appointment tomorrow with Ji-Wan, a client, to review her personal investment portfolio. Before she comes in, Thom has to review her profile, decide what changes to suggest, and put together a proposed portfolio. He has a recent finance diploma, but because he is still relatively new to his job, he wants to collect as much information as he can on appropriate investments for her, so he decides to send an e-mail to Alyson, his manager, to see if she has any suggestions or advice. Besides preparing for his meeting with Ji-Wan, Thom has several other tasks he must work on.
-When Thom takes a coffee break, he finds two colleagues in the coffee room. He asks them to spend a few minutes to help him brainstorm some possible investments for someone in Ji-Wan's financial position. What kind of research does your text say Thom is doing?

Question

Quizplus · Accepted Answer

Thom is engaging in informal research by seeking advice and suggestions from his manager and colleagues. He is gathering information through informal channels to help him make a decision, rather than conducting a formal research study.

Thom Hollis Works as a Financial Advisor for TD Bank