Uma held an annual review with her client who was delighted that her portfolio greatly outperformed the target return. At the meeting, her client informed Uma that she has moved up her retirement date by ten years. What should do Uma do, if anything? Persuade Uma to stick with the original retirement date, as rebalancing her portfolio will trigger capital gains taxes. Update the client account application. Inform the client that it is too late to adjust the portfolio, given the magnitude of the change in her circumstances. Maintain the current allocation because performance has been good

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When faced with a client who has moved up their retirement date by ten years after their portfolio outperformed the target return Uma has a few option... View the full answer