Which of the following is typically not a characteristic of young clients?
A)They place great emphasis on their current standard of living.
B)Savings are given lower priority.
C)Low risk tolerance.
D)All of the above are typically characteristics of young clients.
E)None of the above is typically a characteristic of young clients.

Question

Quizplus · Accepted Answer

Young clients typically have a higher risk tolerance as they have more time to recover from potential losses in their investments. A and B are typically characteristics of young clients, while D and E are both incorrect as they contradict each other.

Which of the Following Is Typically Not a Characteristic of Young