Ethical Dilemma in Career Transition

Emily is a senior portfolio manager at an investment firm and is known for her strong analytical skills and commitment to client service. Recently, she was approached by a competitor with a lucrative job offer that includes a significant signing bonus. This offer is tempting, especially considering that Emily has been feeling underappreciated at her current firm due to limited recognition and salary growth.

As Emily contemplates this offer, she considers the following:

• The potential impact on her clients if she leaves her current position.
• Her contractual obligations to her current employer regarding non-compete clauses and confidential information.
• How her decision reflects on her professional integrity and the ethical obligations expected of a CFA charterholder.

Discuss the ethical considerations Emily must take into account when deciding whether to accept the new position. In your answer, address the concepts of professionalism, client loyalty, and the CFA Institute's Code of Ethics and Standards of Professional Conduct.