Question: In relation to the Case Study on Storm Financial: a)Provide some specific comment on where in the CFA Standards that CFA members, operating as financial

In relation to the Case Study on Storm Financial:

a)Provide some specific comment on where in the CFA Standards that CFA members, operating as financial advisers, are required to provide 'personalized' advice to individual clients as opposed to the 'Stormified' model adopted by Storm Financial.

(This part of the question has been allocated 4 marks)

b) In general, Storm Financial clients were recommended to continue to borrow further amounts on a regular basis for investment - if you were a Storm Financial adviser, why may this firm policy cause you some difficulties in complying with the CFA Standards?

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