Question 5 NMCIR has the ability to consolidate a client's brokerage and advisory account assets into...

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Question 5 NMCIR has the ability to consolidate a client's brokerage and advisory account assets into one report. When an advisor uses such a report with clients they should remember that: A. The rate-of-return will not be correct because the brokerage assets are dollar-weighted and the advisory assets are time-weighted. B. The assets in the brokerage account are weighted less than advisory assets in the performance calculation. C. The benchmark shown on the report must be the S&P 500. D. The brokerage assets included in the report are not relevant for showing how the investment advisor has performed. Question 5 NMCIR has the ability to consolidate a client's brokerage and advisory account assets into one report. When an advisor uses such a report with clients they should remember that: A. The rate-of-return will not be correct because the brokerage assets are dollar-weighted and the advisory assets are time-weighted. B. The assets in the brokerage account are weighted less than advisory assets in the performance calculation. C. The benchmark shown on the report must be the S&P 500. D. The brokerage assets included in the report are not relevant for showing how the investment advisor has performed.

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