English, asked by jobandhillon487, 1 month ago

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Answered by tushargupta0691
1

Answer:

The independent adviser profession—originally known as "investment counseling"—was born out of a confluence of circumstances and influences in the first half of the 20th century.

Explanation:

 It was developed by a select group of tenacious, creative people who saw beyond conventional investing services to a new paradigm that valued the client connection over the financial product. And the investigations and changes that came out of President Franklin D. Roosevelt's New Deal put it to the test and strengthened it.

Here, some backstory is helpful. Early in the 20th century, corporate America was just beginning to emerge from the robber baron era, which was characterised by bankers and industrialists whose huge accomplishments were frequently matched by equally great abuses of power. When the 1920s came around, investing.

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Answered by ipreetlove2007
0

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