Which one of the following characteristics is more correct concerning younger wealthy individuals (millennials and GenXers)?
A) Younger wealthy individuals are seeking more technological options in financial planning.
B) Younger wealthy individuals have not experienced significant bear markets....
Which one of the following characteristics is more correct concerning younger wealthy individuals
(millennials and GenXers)?
A) Younger wealthy individuals are seeking more technological options in financial planning.
B) Younger wealthy individuals have not experienced significant bear markets.
C) Younger wealthy individuals have directly opposite financial needs as compared to baby boomers.
D) Younger wealthy individuals likely want to be advised by one of their own generation. - ANSWER-
A) Younger wealthy investors (millennials and GenXers) are seeking fresh approaches to financial
planning, including more technological options. In addition, young clients also have been through
fewer years of investing but have experienced several significant bear markets. Mod 1
One of the most important life goals of wealthy individuals is
A) protecting wealth.
B) assuring their retirement lifestyle.
C) minimizing taxes.
D) travelling the world. - ANSWER-D) The most frequently stated life goals for wealthy individuals are
having good health, travelling the world, and achieving financial success. To achieve financial success,
the most common financial goals are protecting wealth, assuring retirement lifestyle, minimizing
taxes, and leaving an estate to their heirs. Mod 1
One of the most important financial goals of wealthy individuals is
A)leaving an estate to their heirs.
B)having good health.
C)none of these.
D)travelling the world. - ANSWER-A) To achieve financial success, the most common financial goals
are protecting wealth, assuring retirement lifestyle, minimizing taxes, and leaving an estate to their
heirs. The most frequently stated life goals for wealthy individuals are having good health, travelling
the world, and achieving financial success. Mod 1
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller papersmaster01. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.99. You're not tied to anything after your purchase.
