Series 63: Exercise

Exercise

Choose investment adviser or Not an investment adviser

1. 1. _ Jim, who works for Your Interest, a firm that receives compensation for giving investment advice.
2. 2. _ Silvia, who teaches a class at a community college which includes several classes involving general strategies for financial investment.
3. 3. _ Valued Services, a broker-dealer firm that pays its employees a commission for securities traded as well as occasional compensation for giving advice on which investments are best suited for clients’ portfolios.
4. 4. _ Investments Publishing, the publisher of a subscription-based interactive website with a component that allows investors to enter personal information and receive advice that matches their needs.
5. 5. _ Beth, an agent for Security Group who gives investment advice but is only compensated for effecting transactions.

Answers

1. 1. Not an investment adviser. Jim works for an investment adviser and thus is an investment advise