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From “ Getting The Kids Involved ,” page 21
1 . What are the challenges of getting kids involved in family philanthropy ? A . They might not have the same values as their elders . B . A wealthy family ’ s finances aren ’ t transparent to all members . C . There are no vehicles for kids to use . D . There are no tax incentives for getting kids involved .
2 . Why do tensions arise among family members in discussing philanthropy ? A . The family members might not have the same values . B . Outsiders create tensions . C . Younger members must feel able to question authority . D . All of the above .
From “ Unsafe At Any Speed ,” page 23
3 . What percentage of consumers feel the 2022 market setback causes longer-term problems for their retirement plans ? A . 20 % C . 60 % B . 80 % D . 43 %
4 . According to new consumer research , 93 % of consumers who protected their portfolio with this financial product are “ satisfied ” with their investment choices for 2022 and 44 % are “ extremely satisfied ”: A . A managed portfolio
C . An annuity B . A 60 / 40 blend of stocks and bonds D . An alternative investment
From “ Bank On It ,” page 46
5 . Banks represented ____ of the Davis Financial Fund ’ s holdings in the first quarter . A . 28 % C . 45 % B . 32 % D . 50 %
6 . Which bank does Davis like because it disrupted credit cards ? |
A . Wells Fargo |
C . Julius Baer |
B . Capital One Financial Group |
D . First Republic |
From “ Swapping Old Annuities For New Ones ,” page 49
7 . Higher interest rates mean that many new annuities do what ? A . Pay out less B . Pay out more C . Cost more D . Nothing . They aren ’ t affected .
8 . According to industry data , swapping old annuities for new ones is : A . Currently a very popular strategy B . Slowing down after an initial surge C . Not happening in significant numbers D . Recommended by advisors a lot
From “ The Retirement Rules Have Changed ,” page 53
9 . Direct indexing includes three of the following characteristics . Which one is not part of direct indexing ? A . It involves buying individual stocks that are part of an index . B . It means investing in an index with the help of an advisor . C . It is now more possible for individuals because of technology . D . It is a viable option for generating retirement income .
10 . RetireOne has developed an insurance product that includes which of the following ? A . A strategy that includes high-yield bonds B . A contingent deferred annuity C . A direct indexing option D . A reversal of the 60 % equities , 40 % bonds strategy
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Financial Advisor ( ISSN 1545-0163 , USPS 021-488 ) is published monthly by Charter Financial Publishing Network Inc ., 499 Broad Street , Shrewsbury , NJ 07702 . Tel : 732-450-8866 . Periodicals postage paid at Red Bank , NJ and additional mailing offices . Subscription Rates : $ 79 per year . Postmaster : Send all address changes to Charter Financial Publishing Network Inc ., P . O . Box 7550 , Shrewsbury , NJ 07702 . Copyright 2022 by Charter Financial Publishing Network Inc . Reproduction , photocopying or incorporation into any information-retrieval system for external or internal use is prohibited unless permission is obtained beforehand from the publisher in each case for a specific article . The subscription fee entitles the subscriber to one original copy only . Unauthorized copying is considered theft . July / August 2023 Financial Advisor ( Volume 24 , Number 6 )
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