Series 7 Exam Question 354: Answer and Explanation

Question: 354

All of the following are nonfinancial influences that may help determine an investor's investment profile EXCEPT

• A. the investor's age
• B. the amount of marketable securities the investor owns
• C. the number of dependents
• D. investment experience

Correct Answer: B

Explanation:

B. Certainly, all the choices listed are important when determining a client's investment profile. However, this is an "except" question, which means that you're looking for an investment influence that is financial. The amount of marketable securities an investor owns is part of their financial profile as well as other things like net worth, money available for investing, current income, expenses, home ownership, and so on.