Ethical decision-making is at the core of effective investment advisory practice. Investment Adviser Representatives regularly encounter situations involving fiduciary responsibilities, conflicts of interest, client communications, and vulnerable client protection while balancing professional judgment, regulatory expectations, and client needs.
This course provides a practical framework for applying ethical principles throughout the advisory relationship. Participants will explore fiduciary duty, the duty of care and loyalty, conflict identification and mitigation, disclosure practices, ethical communications, advertising considerations, documentation standards, and approaches for addressing capacity concerns and financial exploitation. Through practical examples and real-world scenarios, the program emphasizes how ethical principles can be applied consistently when facts are incomplete, business pressures exist, or competing interests arise.