Financial Service

Since some of you plan on making a career out of the Financial Services field, I want you to do a bit of research. 1. What is the difference between a Financial Advisor and Investment Advisor? What is an Investment Banker? There are differences, trust me. 2. What is a Fiduciary Standard? What about Fiduciary Responsibility? 3. Which of those terms applies to the Financial Advisor? Investment Advisor? 4. What is the difference between doing what is suitable (for the client) vs what is ethical? 5. Why go to a Financial Planner? 6. Now that you know this information, who would you go to with your money and why? Which field is of interest to you? And while we are on the topic, tell me what the future looks like for people getting into this field. This is more of a homework assignment rather than a research paper so you should set it up with the questions and answers. Be sure to provide me with evidence of your research. You should use the research databases for some of this information. If you can, ask people who are in the business if they even know the answers to these questions.

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