Answered

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Tier 1 and Tier 2 in our levels of financial planning could be called:

A. the after-market
B. the mass market
C. the upscale market
D. none of these

Sagot :

GinnyAnswer

Final answer:

Tier 1 and Tier 2 in financial planning categorize clients based on their investment needs and complexities.


Explanation:

Tier 1 and Tier 2 in financial planning refer to different levels of clients or accounts based on their size, complexity, and investment needs. Tier 1 typically includes clients with smaller accounts and fewer investment needs, while Tier 2 includes clients with larger accounts and more complex financial situations.

For example, Tier 1 clients may be individual retail investors with basic investment products, while Tier 2 clients could be high-net-worth individuals or institutional investors with advanced investment strategies and needs.

Therefore, the correct answer to the question is OD) none of these as Tier 1 and Tier 2 do not correspond to any of the options provided.


Learn more about Financial Planning here:

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