Ted recently inherited a large sum of money that he wants to invest in the stock market.Since he has no investment experience,he has decided that he would like to work with a professional who can explain the market to him and also manage his funds for him.Ted most likely needs the services offered by a(n):
A)deep-discount broker.
B)discount broker.
C)full-service broker.
D)online broker.
E)cyberbroker.

Question

Quizplus · Accepted Answer

Ted needs the services of a full-service broker who can provide guidance and manage his funds for him, as he has no investment experience. The other options, such as deep-discount, discount, or online brokers, may not offer the same level of personalized service and expertise. Cyberbroker is not a recognized term in the financial industry.

Ted Recently Inherited a Large Sum of Money That He