Working with Older Clients in the Investment Planning Process Is

question 6

Multiple Choice

Working with older clients in the investment planning process is _____,and if acting as a fiduciary,the adviser needs to be _____ for potential elder fraud,financial abuse,and exploitation.

• A)Difficult / defended.
• B)Difficult / vigilant.
• C)Rewarding / defended.
• D)Rewarding / vigilant.

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Definitions:

Process of Civilization

The process of civilization refers to the historical evolution of human societies towards more complex forms of social, political, and cultural organization and order.

Norbert Elias

A German sociologist known for his work on the theory of civilizing processes.

Dialectical Relationship

A concept wherein two opposing forces interact to create a new, synthesized condition, often in contexts of philosophy, sociology, and psychology.

Personal Troubles

Individual difficulties or problems that are privately felt and stem from events or feelings in a person’s life.