Problems or conflicts that may arise between the client's goals and the potential strategies and recommendations provided by the financial planner include:

Question

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All the options presented can create conflicts between the client's goals and the financial planner's recommendations. Analysing opportunity costs may require the client to forgo a particular investment or expense to achieve a financial goal, which may not align with their personal priorities. Decisions about priorities may also conflict with the financial planner's strategies or recommendations. Finally, ethical issues may arise, for example, if the financial planner stands to benefit personally from certain recommendations, putting their interests at odds with the client's goals.

Problems or Conflicts That May Arise Between the Client's Goals