If you are looking specifically for an investment banking position, an MBA may be marginally preferable over the CFA. The caveat here is that the MBA would most probably need to be from a Top-20 B-School.The Chartered Financial Analyst (CFA) is well worth considering if you (a) are aiming for an entry-level position in investment banking, and/or (b) cannot afford to shell out six figures for an MBA or have to settle for a lesser-known B-school.That's because in the investment banking field, most entry-level positions are at the analyst level.
a. Treasury STRIPS
b. Growth stocks
c. Fixed annuities
d. Municipal bonds
Answer: DFixed annuities, growth stocks and STRIPS offer no current income. Also, fixed annuities offer tax-deferral of income, while municipal bonds offer tax-free income.
Financial advisors and planners have fiduciary responsibilities to their investors. They owe their investors a high degree of loyalty as they are in positions of trust and confidence. Execution of an order depends on the type of order that is placed and the liquidity of the investment.
A. An investment adviser must register with the state if it holds less than $25 million in assets.B. An investment adviser must register with the state if it holds less than $30 million in assets.C. An investment adviser must register with individual states if it is registered in fewer than five states, otherwise it must register with the SEC.D.