Investment Advisory Duties: Loyalty and Care

As an investment advisor, you are entrusted with managing client portfolios with the utmost integrity and professionalism. Consider a scenario where a client approaches you with a specific investment opportunity that may involve investing in a high-risk startup company. They express their strong interest in pursuing this investment, despite it potentially not aligning with their investment objectives and risk tolerance as outlined in their agreement with you.

Your duty, as stated under the CFA Institute Code of Ethics and Standards of Professional Conduct, is to act with loyalty and care towards your clients. Given this context, what is the most appropriate course of action you should take?