Only a company seeking to profit from gullibility — to prey upon the public's lack
of financial sophistication — would even think of such slimy advice.
Also, owners who
lack financial sophistication and who think it's their bank's sole purpose to fund business growth at a whim tend to pull out too much cash from their annual earnings.
One may be that his or her company is in the pro-cess of buying other companies, which often requires a degree of
financial sophistication beyond the means of the entrepreneur.
When an individual
without financial sophistication is faced with a choice between equity and fixed - income funds, international or domestic, large - cap or small - cap, high - yield or treasury bonds, they face choice - overload and the decision can be overwhelming.
The problem is at greater levels of wealth — and sometimes
greater financial sophistication on the part of clients — high fees start to add up: 2 % of a million - dollar portfolio is $ 20,000 a year.
Zigas worries that mortgage lenders may not provide women with all loan information and options because of stereotypes about women's alleged lack
of financial sophistication.
Hollender, a New York City businessman who had founded two previous ventures, joined Seventh Generation later, bringing new levels of marketing and
financial sophistication — as well as ambition — to the company.
serves as the chair of our audit and risk committee, qualifies as an «audit committee financial expert» as defined in the rules of the SEC, and satisfies
the financial sophistication requirements under the listing standards of the New York Stock Exchange.
Each member of the Committee shall, in the judgement of the Board, be able to read and understand fundamental financial statements and otherwise meet
the financial sophistication standards established by the Nasdaq Stock Market.
Alternative investments, such as hedge funds, private equity / private debt and private real estate funds, are speculative and involve a high degree of risk that is suitable only for those investors who have
the financial sophistication and expertise to evaluate the merits and risks of an investment in a fund and for which the fund does not represent a complete investment program.
Investment information is provided without consideration of
your financial sophistication, financial situation, investing time horizon, or risk tolerance.
For Brogan,
the financial sophistication of a given credit card user shouldn't make a difference.
It's not too far - fetched to believe that someone with
the financial sophistication to day trade cryptocurrencies would be able to self - prepare their taxes.
Similarly, a great disparity in bargaining power or
financial sophistication can unbalance the mediation process beyond the ability of a neutral mediator to right it.
Divorce mediation may be disfavored or present special challenges with parties having vast differences in their power (
financial sophistication, bargaining savvy, and most significantly, where there is a history of intimate partner violence or abuse).
This is at least partially because women don't shop for financial services as aggressively as men, and may be given less information than is prudent due to a loan officer or mortgage broker thinking single women have a lack of
financial sophistication.