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What is the duty of the investment adviser? PDF Print E-mail
Written by Wilfred Ling   
Saturday, 27 June 2009

The duty of the investment adviser is to determine

a) The clients' financial goals and time horizon
b) Determine the clients' risk appetite
c) Determine the clients' ability to take risk
d) Construct and recommend a suitable portfolio
e) Make adjustment to the portfolio based on any changes to the clients' financial situation

If the investment adviser cannot guarantee outperformance to the market return, the adviser should recommend a portfolio of index funds.
 
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