Finastra Assessment Test Practice Test
Finastra Assessment Test Finastra Assessment Wealth and Investment Management
What is the primary difference between discretionary and advisory wealth management?
Select your answer
A
In discretionary management, the manager makes investment decisions without prior client approval
B
Advisory management involves the manager making all investment decisions independently
C
Discretionary management requires client approval for each individual trade
D
Advisory management is only available to institutional clients
Hint
