Maria's Ethical Dilemma with Client Gifts

Easy Ethical Decision-making Duties To Clients

Maria is a financial advisor who recently began working for a new investment firm. In her previous firm, she often received gifts from clients for her assistance with their investment choices. Maria believes these gestures of appreciation are a normal part of client-advisor relationships. At her new firm, the compliance department has a strict policy against accepting gifts from clients valued over $100. Maria is uncertain whether she should continue accepting gifts or follow the new policy.

What should Maria do in this situation to uphold her ethical responsibilities to her clients?

Continue accepting gifts as she did in her previous job, as it builds client relationships.

Follow the compliance policy and refrain from accepting gifts, focusing on the clients' best interests.

Accept gifts but disclose them to the compliance department for transparency.

Hint

Submitted3.1K

Correct2.9K

% Correct95%