Consumer Relationships Flashcards
1
Q
What is a client?
A
An entity to whom a firm has, intents to, or will provide a service
2
Q
What is a customer?
A
A retail or professional client (everyone but eligible counter parties)
3
Q
What are the three distinct categories of advisor who can provide product recommendations?
A
-whole of market advisors
-multi-tied advisors
-single-tied advisors
