For Investors Who Do Not Want Investment Advice and Wish

question 66

Multiple Choice

For investors who do not want investment advice and wish to avoid paying a commission,what is the best type of broker assistance firm?

• A) Mutual fund advisors
• B) Investment banks
• C) Stock broker
• D) Discount broker
• E) Full service broker

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Definitions:

Reflective Listening

A communication technique in which the listener repeats back what they have heard to the speaker, often in a paraphrased form, to confirm understanding and demonstrate empathy.

Effective Brief Therapy

A short-term psychotherapeutic approach that aims to provide rapid interventions to address and resolve specific issues or symptoms.

Motivational Interviewing

A client-centered counseling style for eliciting behavior change by helping clients to explore and resolve ambivalence.

Crisis Intervention

Immediate and short-term psychological care aimed at assisting individuals in a crisis situation to restore balance to their psychological functioning and minimize potential psychological trauma.