n NISM Certifications
NSM General NISM
Medium

In the SIGN framework, what does the "Gap" component ask the wealth manager to show the client?

Practice question from Advanced B1S7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The difference between the client's current SIP amount and the recommended amount

  2. Where the data says the client is headed if nothing changes

    Correct answer

  3. C

    The underperforming funds in the portfolio

  4. D

    The gap between the client's risk profile and their current fund allocation

Why this is the answer

The Gap is not a criticism — it is a trajectory. It answers the question: if this path continues, where does it lead? That is what creates tension between the present state and the possible future, giving the client a concrete reason to consider a change.

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