Client Responsibilities in Investment Planning

Very Easy Professional Standards Application Responsibilities To Clients

As a CFA charterholder, you have a duty to act in the best interests of your clients. You work with a client who is looking to invest a significant amount of money for retirement purposes. In your discussions, the client mentions that they are risk-averse and prefer conservative investments. As a professional, what is your primary responsibility regarding this client's investment choices?

To recommend high-risk investments to maximize returns.

To create a customized investment plan aligned with the client's risk tolerance.

To focus solely on generating the highest commissions possible.

Hint

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