Series 63 practice questionmediumSuitability - All of the Following EXCEPT
All of the following are suitability factors an agent must consider under the USA EXCEPT:
- AClient’s investment experience
- BClient’s tax status
- CAmount of capital the agent must invest for the client✓ Correct answer
- DTime horizon for investments
Explanation
Why C — Amount of capital the agent must invest for the client
The agent does not invest their own capital for the client; suitability focuses on the client’s situation (USA 401(b)). A, B, and D are material to determining suitable recommendations.
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