Financial Planning: One of your clients referred you to a potential new client with a net worth of approximately $10 million, mainly in real estate assets. He needs help with a $1,000,000 stock portfolio, which consists of 10 stocks, all with an equal weighting: Netflix, Google, Home Depot, AT&T, Wells Fargo, Goldman Sachs, Blackrock, Gilead, Nike, and Intel.

Based on what we've learned, what would you advise this prospective client to do? How would you approach taking over this investment account?

Answer rating: 100% (QA)

As a financial advisor there are several steps I would take to approach taking over this investment account and advising the prospective client with a net worth of 10 million 1 Understand the Clients ... View the full answer