Albert, a first-time investor in the stock market, has limited knowledge in trading in the stock market. He thus needs someone to guide him while buying and selling shares. He also needs assistance in financial planning and identifying good investment opportunities. In this scenario, Albert should hire a(n) _____.
A) full-service broker
B) preferred stockholder
C) securities dealer
D) investment banker

Question

Quizplus · Accepted Answer

A full-service broker provides personalized investment advice, financial planning, and assistance in buying and selling shares, which is suitable for someone like Albert who needs guidance in the stock market.

Albert, a First-Time Investor in the Stock Market, Has Limited