n NISM Certifications
X NISM Series X
Medium

What kind of portfolio should a professional investment adviser have for each client?

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    An easy-to-understand model portfolio

  2. B

    A middle-path, average portfolio

  3. A tailored portfolio for each client with flexibility

    Correct answer

  4. D

    A generic portfolio for all clients

Why this is the answer

Advisers should have distinct, customizable portfolios suited to each client's specific profile, with room for adjustments.

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