Series 7 practice questionhardPortfolio Management 647
A customer with a long time horizon and high risk tolerance would generally be expected to have a portfolio with:
- Aa larger allocation to equities than a conservative retiree✓ Correct answer
- Bonly money market instruments
- Cno diversification
- D100% in one industry
Explanation
Why A — a larger allocation to equities than a conservative retiree
Longer time horizons and higher risk tolerance often support greater exposure to equities. That does not eliminate the need for diversification and suitability review.
Turn it into reps
Reading one answer is not the same as being ready
Lucky the Banker is a free practice app with 755+ Series 7 questions, weak-area tracking, and timed mock exams. No credit card, no paywall.
Related Investment Information & Recommendations questions