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Instructions and help about pba approved valuators list

hi this is Chris I'd like to talk about the toughest type of firm to value and that's a financial service firm in general the four types of financial service firms the first type is a bank or a credit union these are firms that tend to make money by raising money at a low interest rate and lending out money at a higher interest rate the difference between those rates is basically their profit a second type of firm is an insurance company insurance companies make money two ways they take in a premium and they also make money off of investing the premium and earning a return on that investment of course they have to pay out losses associated with insurance claims and that's when their major expenses a third type of firm is an investment bank investment banks serve as consultants to companies who want to raise money who are involved in mergers and acquisitions and need advice or valuation services another type of firm is an investment firm they manage money often and these firms can earn

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