When clients' risk objective doesn't match with their return objective, what should wealth managers do?...
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When clients' risk objective doesn't match with their return objective, what should wealth managers do? Use the higher value of the two objectives in designing investment strategies. Respect the clients' desire, and try your best to find a perfect solution Tell the clients they can't achieve their goals, and educate them the importance of matching return objectives with risk tolerance level Warn the clients that that won't work, and walk away from them
When clients' risk objective doesn't match with their return objective, what should wealth managers do? Use the higher value of the two objectives in designing investment strategies. Respect the clients' desire, and try your best to find a perfect solution Tell the clients they can't achieve their goals, and educate them the importance of matching return objectives with risk tolerance level Warn the clients that that won't work, and walk away from them
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