FINRA Series 65 quiz
A wrap account is best described as:
- (a)
Offering unlimited non-solicited transactions for one annual fee
- (b)
Offering trade execution and custodial services for one overall fee
- (c)
Offering investment management and trade execution services for one overall fee
- (d)
Offering investment management services for AUM fees
A wrap account is best described as an investment account that offers a wide range of services, including investment management, trade execution, and financial planning, with all services “wrapped” up into one single fee
A wrap account is best described as:
Offering unlimited non-solicited transactions for one annual fee
Offering trade execution and custodial services for one overall fee
Offering investment management and trade execution services for one overall fee
Offering investment management services for AUM fees