Questions: A financial practitioner is expected to play many roles in an increasingly complex retirement scenario. Which of the following is NOT one of those roles? A) Analyze risk tolerance B) Establish client's objectives C) Review retirement plans D) Solve problems

A financial practitioner is expected to play many roles in an increasingly complex retirement scenario. Which of the following is NOT one of those roles?
A) Analyze risk tolerance
B) Establish client's objectives
C) Review retirement plans
D) Solve problems
Transcript text: A financial practitioner is expected to play many roles in an increasingly complex retirement scenario. Which of the following is NOT one of those roles? A) Analyze risk tolerance B) Establish client's objectives C) Review retirement plans D) Solve problems
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Solution

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Answer

The answer is D) Solve problems

Explanation
Option A: Analyze risk tolerance

A financial practitioner is expected to analyze a client's risk tolerance to ensure that the investment strategy aligns with the client's comfort level and financial goals. This is a fundamental part of financial planning.

Option B: Establish client's objectives

Establishing a client's objectives is a critical role for a financial practitioner. Understanding what the client wants to achieve with their retirement plan is essential for creating a tailored strategy.

Option C: Review retirement plans

Reviewing retirement plans is another key responsibility. Financial practitioners must regularly assess and adjust retirement plans to ensure they remain on track to meet the client's goals, considering any changes in circumstances or market conditions.

Option D: Solve problems

While financial practitioners do help clients navigate financial challenges, "solving problems" is a broad and somewhat vague term that does not specifically describe a distinct role in the context of retirement planning. The other options are more precise and directly related to the specific duties of a financial practitioner in retirement planning.

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