Scenario One Alejandro, an elderly client, has been working with his investment advisor, Gary. Alejandro is retired, has no debt, and is just looking to maintain his current lifestyle. Gary uses a commission or fee$-$based approach versus a management fee. Gary advises Alejandro in risky, individual stock investments that he is buying and selling. However, Alejandro isn$$t seeing much of a profit.$$ Summarize the$$ethical standards being breached. Reflect on the$$ethical responsibilities a financial advisor should take to address these issues $$ Scenario Two Exciting things have been happening for Jemma, a newly certified financial planner. She was hired for her dream job and just landed her first client. To celebrate, she invites some of her friends from her graduate accounting course to join her. While out, Jemma asks her friend from school, Min, for help on how to advise her client on their investments. Min is interning as a financial planner in an office on the other side of town. Jemma shows Min her client$$s financial profile, the client$$s financial records, and explains her client$$s goals. Min comes up with a few suggestions to increase this family$$s wealth. Summarize the$$ethical standards being breached. Reflect on the$$ethical responsibilities a financial advisor should take to address these issues $$ Scenario Three Destiny, a financial advisor, worked with a couple, Frank and Asa, for three years. Two and a half years into working with Frank and Asa, Destiny met their son, Rodney. Destiny and Rodney fell in love and got married. Destiny continued to work as Frank and Asa$$s financial advisor for six months before transferring them to another financial advisor on her team. Summarize the$$ethical standards being breached. Reflect on the$$ethical responsibilities a financial advisor should take to address these issues $$