Exercises

Text Comprehension

I.Decide whether each of the following statements is true or false.

1.A good financial advisor should always remember to tell you good news and try to avoid bad ones.

2.You can have a better understanding of Gamma，Beta，Standard Deviations，and P/E ratios through the help and explanation of a financial advisor.

3.Hiring somebody to do things for us is not generally tricky，but selecting a financial advisor is really tough or thorny.

4.Enough effort should be put into the process of selecting a financial advisor even though the process itself is time consuming.

5.You'd better not choose a personable man as your financial advisor.

II.Answer the following questions.

1.According to the first paragraph of this text，what makes most people in a constant state of confusions？

2.How will a financial advisor help you reduce your financial stress？

3.Can we hire a financial advisor simply because he or she is strongly recommended by our friends or relatives？

4.What is the difference between salesmen working for brokerage houses and financial advisors？

5.Is it true that it's hard to pick a right financial advisor simply because financial advisors are everywhere？

Vocabulary

I.Match the words and expressions on the left with the explanations on the right.

1.access　　　a.temporary decline in economic activity or prosperity

2.proactive　　　b.making things happen or change rather than reacting to events

3.attorney　　　c.persuasive talk or arguments used by a salesman to sell things

4.recession　　　d.set of investments（eg stocks and shares）owned by a person，bank，etc

5.personable　　　e.person appointed to act for another in business or legal matters

6.advocate　　　f.the working together of two things（muscles or drugs for example）to produce an effect greater than the sum of their individual effects

7.pitch　　　g.person who supports or speaks in favour of a cause，policy，etc

8.portfolio　　　h.money，etc risked or gambled on the unknown result of a future event（eg.a race，a card-game）；money，etc invested by sb in an enterprise so that he has an interest or share in it

9.synergy　　　i.means of approaching or entering（a place）；way in；opportunity or right to use sth or approach sb

10.stake　　　j.having a pleasant appearance or manner

II.Determine the exact meaning of each of the underlined words and translate each sentence into Chinese.

1.Her ambition was to be a great actress.

2.His political ambitions still burns.

3.Parliament is in recess.

4.She put that letter into a drawer with a secret recess.

5.He works as a lifelong advocateof disarmament.

6.Do you advocatebanning cars in the city centre？

7.Our garden is overlooked from the neighbour's balcony.

8.Her services have been overlooked by her superiors.

9.Mother overlooked her little son's fault.

10.He did not know he was being overlooked by the landlord.

11.He was the last say on the matter.

12.He is the last person to tell a lie.

13.We would like to build a color-blind society where all men can have equal educational opportunity.

14.The article is full of matter.

15.It is a matterof no laughing.

III.Complete each of the following sentences with an appropriate form of the word given in brackets.

1.There are only a________of industries that are more personal or emotional than the financial services industry.（hand）

2.If you are planning on hiring a financial advisor or are________about your current advisor and need a road map to steer the conversation，ask for the client bill of rights.（concern）

3.A client is________to courteous service from their financial advisor and all other associates.（title）

4.The client's investment________should be made based on the client's needs and objectives.（recommend）

5.The client's bill of rights should spell out the roles and responsibilities________a client's pursuit of an investment that is inconsistent with the client's investment objectives.（regard）

6.The client has the right to know about all of the costs and commissions________with an investment.（associate）

7.Finance is a field that deals with the________of assets and liabilities over time under conditions of certainty and uncertainty.（allocate）

8.All________should be completed in a timely manner following best execution practices.（transact）

9.Errors—Any error should be corrected and complaints________promptly.（address）

10.The financial advisor and the firm have the responsibility of________the client's personal and financial information.（safeguard）

11.The client has the right to choose their financial advisor and if the client feels dissatisfied or uncomfortable，the client has the right to change or have________presented for consideration.（alter）

12.The________of the stacks marks a milestone in the company's comprehensive effort to shift to cleaner and more efficient energy sources.（implode）

13.A fall in demand for oil tankers has put/placed thousands of jobs in the shipbuilding industry in________.（jeopardize）

14.A financial advisor may create financial plans for clients or sell financial products，or a________of both.（combine）

15.In the United States，the Financial Industry Regulatory Authority（FINRA）regulates and oversees the activities of brokerage firms，and their registered________.（represent）

IV.Fill in the blanks，each using one of the words in its appropriate form.

recede　recessionary　recess　assume　assumption　access

Model:As the tide recededfrom the shore，we were able to look for shells.

1.We reached the open sea and the coast________into the distance.

2.The village is difficult of________.

3.Both say they want to write literary books that are________to a general audience.

4.Tom has a________hairline.

5.His look of happiness is only________.

6.In stormy summer，the villagers like to come to the riverside to see the gradual________of flood waters.

7.So the issue is alive and well，not just a historical relic from China's________to the WTO in 2001.

8.Reduced interest rates would help ease________pressures in the economy.

9.In the innermost________of my heart，there is a strong aversion to homosexuality.

10.The problem is beginning to________massive proportions.

11.We are working on the________that the rate of inflation will not increase next year.

12.The facilities have been adapted to give________to wheelchair users.

13.The prospect of bankruptcy has now________.

14.Seminar topics are chosen for their________to a general audience.

15.We believe the________of South Africa will be conducive to the development of the mechanism as well as cooperation among emerging markets.

V.Choose the right word to complete each sentence.

1.With the________of Mary，all the girl students are eager to go to the party.

A.exhibition　B.exception　C.except　D.reception

2.She________her first book to her husband.

A.dictated　B.dedicated　C.defined　D.decorated

3.All the memories of his childhood had________from his mind by the time he was 65.

A.faded　B.illustrated　C.confined　D.concerned

4.This river is so big that it is impossible to build a________under it without modern technology.

A.canal　B.tunnel　C.channel　D.cable

5.The________is nearly dead，so I can not start the car again.

A.bean　B.beam　C.brake　D.battery

6.When making modern cameras，people began to________plastics for metal.

A.surround　B.substance　C.stretch　D.substitute

7.With the help of the government，a large number of people________after the flood in 1991.

A.survived　B.suspended　C.suffered　D.subjected

8.He always has a lot of________ideas in his mind，and sometimes we do not even know what he is thinking about.

A.novel　B.traditional　C.acceptable　D.additional

9.The new conductor started by________out the weaker players in the orchestra.

A.welding　B.weeding　C.wielding　D.running

10.We do not have a________school in our institute.The highest degree we provide for the students is a B.A.and a B.S.

A.law　B.business　C.comprehensive D.graduate

11.In the United States，the foreign policy is decided by the________government，not by each state.

A.federal　B.filial　C.local　D.fascist

12.He works in our university as a visiting________，not as a formal faculty member.

A.guest　B.scholar　C.nurse　D.pilot

13.When you fill in the application form，please use your________address so that we can contact you easily later.

A.potential　B.plain　C.permanent　D.principal

14.John________to be a polite man.But in fact he is very rude.

A.pretends　B.assures　C.affords　D.regards

15.We can not trust him any more because he often________his duty.

A.owes　B.spoils　C.deserts　D.neglects

Cloze

Decide which of the choices given below would best complete the passage if inserted in the corresponding blanks.

A career as a financial advisor is often____1__second choice career.A 2009 poll____2__by the Financial Planning Association（FPA）found that over 85% of today's financial planners started their careers in____3__professions.Is this a problem？No，not really and even____4__these advisors started their____5__in another field，they underwent the best financial advisory education____6__:life.The financial advisory profession is a people driven profession and lends____7__to those who have had a lot of life experiences under their belts.Advisors who have already faced many of life's challenges such as saving for and purchasing a house，____8__an education，or helping elderly parents deal with the financial challenges of retirement，are better____9__to advise others about successful planning and___10___to avoid the pitfalls___11___with many of life's challenges.In addition to the personal challenges they face，many future financial advisors learn valuable skills in their former professions.Skill sets such as problem solving，analytical sales，and people skills are the core foundation of the financial___12___profession.

__13__many other professional services industries，all financial advisors are not the same.

There is a great opportunity to___14___and many financial advisors will go on to obtain enhanced certifications in order to___15___themselves from the competition and showcase their expertise.

1.A.the　　B.a　　C.an　　D./

2.A.took　B.was taken　C.taken　D.to be taken

3.A.another　B.other　C.the other　D.others'

4.A.if　B.more　C.though　D.that

5.A.causes　B.works　C.courses　D.careers

6.A.likely　B.possible　C.probable　D.maybe

7.A.itself　B.themselves　C.it　D.them

8.A.paying for　B.paying　C.paying to　D.paying off

9.A.preparatory　B.unprepared　C.prepared　D.preparing

10.A.when　B.what　C.how　D.why

11.A.associated　B.tied　C.involving　D.unrelated

12.A.advisor　B.advisory　C.advising　D.advice

13.A.Unlike　B.Like　C.Similar　D.Dissimilar

14.A.major　B.specialize　C.specialty　D.expertise

15.A.differentiate　B.differ　C.defer　D.deter

Grammar

I.Complete each of the following English sentences according to the Chinese given.

1.现场观看职业足球比赛比在电视上观看更刺激。

Going to a professional football game is better than________one on TV.

2.你可以读原著，也可以看由原著改编的电影。

You can either read the original novel，or________the film________on it.

3.她对你的所赐以及你对汤姆所说的一切十分满意。

She is pleased with________you have given and________________you have told Tom.

4.你的期末成绩既要看你每次考试的情况，也要看你的课堂表现。

Your semester grade is based not only on________you do on each test，but also________

you participate in class.

5.火药发明于12世纪，但过了200年才用于战争。

Gunpowder was discovered in the 12th century，but________in warfare until two hundred years later.

II.Improve each of the following sentences，paying special attention to parallelism.Example:

Original:My little brother is clever，curious，and a cute boy.

Improved:My little brother is clever，curious，and cute.

1.My uncle spoke with warmth and in a humorous way.

2.The president announced that he would hold a weekly press conference and reporters should submit questions ahead of time.

3.Come to class prepared to take notes and with some questions to ask.

4.My driving instructor told me to keep both hands on the wheel，to use caution at all time，and don't take my eyes off the road.

5.Men's clothing styles and the clothes that women wear have grown similar in recent years.

6.Listening to records and attendance at live concerts are both enjoyable.

7.The poet wrote not only of Greece but also Asian Minor.

8.We asked the store manager to show us a gift that was inexpensive，useful，and looked nice.

9.Some find swimming more enjoyable than it is to sit at home reading.

10.I would much rather go to the countryside than to stay here.

III.Judge whether each of the following sentences has any error with parallelism and make corrections if any.

1.I debated whether to give the beggar money or to offer him food.

2.The prisoner was not only found guilty of bribery but also adultery.

3.In the wreck the circus lost a panda and elephant.

4.Michael's vacuum cleaner squealed loudly，shook violently，and filled the air with dust.

5.He retired respected by his associates，admired by his friends，and his employees loved him.

6.As a young man he had been to Shanghai，fighting in the Anti-Japanese War，and following the Nationalist Party to Chungking.

7.Jane is pretty，with brown hair，and has a graceful manner.

8.He left the city because of his lack of success in business，the departure of his friends and his rapidly failing health.

9.I don't know why I married someone who is miserly，sloppy and a bore.

10.They bought the house for location and affordability.

Translation

I.Translate the following into Chinese.

Once you've narrowed down your selection list a bit，it's time to start interviewing your top five candidates.This will help to give you a better idea of about whether you are getting a professional you feel comfortable with.Here are a few areas that you might want to touch on during an interview.

Find out how long the financial planner you are speaking with has been in business.While a novice might be a good bet for the fresh ideas they will bring to the table，there are also numerous benefits to hiring a seasoned professional.

Be sure to ask about work experience related to financial planning.Just because someone has been a part of the financial industry doesn't mean he or she has truly advised any individual clients，and that，in and of itself，can be a potential red flag.

Ask about investment and planning philosophies.While you may or may not be the typical client that the advisor usually deal with，you can at least get an idea of how he or she will operate.

Be sure to find out about contracts，fees，and commissions.You need to understand any hidden costs before you start working with your new advisor.

II.Translate the following into English by using the words provided in brackets.

1.你支持禁止在公共场所吸烟这一主张吗？（advocate）

2.地下深处的气体从湖底冒了出来。（bubble）

3.在这里，我请各位同事放心，我们正积极处理这问题，目前的情况会逐步改善。（proactive）

4.我认为目前的情况将会继续下去。（assume）

5.接连发生的攻击行为更加让人们恐惧还会发生暴力事件。（sharpen）

Speaking

I.Mini-talk.

Teaching kids about money can be a challenge as keeping them interested can be a challenge.The topic of money can come off as boring，if not done properly.This means that time needs to be taken to show your young kids how to be smart with money.Personal finance is something that young kids should know at a young age.

Please give a mini-talk on the ways of fostering money-smart kids according to your creative ideas as well as your personal experience in childhood.

II.Discussion.

No matter which kind of advisor you are hiring，there is always some general information that you want to get from references.So please have a group discussion about the important questions to ask references before deciding to hire a financial advisor.