n NISM Certifications
X NISM Series X
Medium

In advisory portfolio management services, what role does the portfolio manager primarily play?

Practice question from NISM Series XB- Investment Adviser (Level 1) Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Manages the portfolio directly

  2. Suggests investment ideas

    Correct answer

  3. C

    Executes trades on behalf of the client

  4. D

    Makes all investment decisions

Why this is the answer

Advisory services involve providing recommendations; the client makes and executes the final investment decisions.

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