| Description |
A former hedge fund manager, Jackman, has decided to launch a new private
wealth management firm. From his prior experiences , he believes the new firm
needs to achieve US$1 million in assets under management in the first year.
Jackman offers a US$10,000 incentive to any adviser who joins his firm with the
minimum of US$200,000 in committed investments. Jackman places notice of
the opening on several industr y web portals and career search sites. Which of the
following is correct according to the Code and Standards? |