Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

which of the following correctly describes the role of the professional…

Question

which of the following correctly describes the role of the professional working in a financial institution?broker: buys and sells stocks, bonds, and mutual funds.broker: advises people on taxes and credit card debt.certified financial planner: buys and sells real estate.certified financial planner: provides mortgage loans to homeowners.

Explanation:

Brief Explanations

A broker's core role in financial institutions is executing trades of securities like stocks, bonds, and mutual funds on behalf of clients. Tax/credit debt advice is typically from tax advisors or credit counselors, real estate transactions are handled by real estate agents, and mortgage loans are provided by mortgage lenders, not the other listed roles.

Answer:

Broker: buys and sells stocks, bonds, and mutual funds.