Question

What is the most likely reason banks offer personal financial planning services?


to increase customer loyalty

diversify their portfolio of products and services

to increase profits

retain customers

Answer 1

Answer: Financial planners at a bank are limited in the products they can sell. Investing with a financial planner at a bank may afford the consumer savings on other products offered by the bank.

Explanation: I found it on Quizlet

Answer 2

To increase profits I think