Investment Suitability

Investment Suitability

Age is always an essential aspect when determining the investment decisions of the elderly clients. It is apparent that Rebecca is taking advantage of her mother’s age to tamper with her investment decisions. For instance, Rebecca is plotting to change the investment advisor and portfolio without giving concrete reasons. In this scenario, the investment was not suitable because Joyce (the elderly woman) was unwilling and unable to understand the decisions that Rebecca was proposing (Stanley, 2014). Full Solution here….