This assessment is to act as a Financial adviser providing the clients Khalil and Candice (all details of clients are provided in client data form) with a detailed report that addresses the following:
1. An assessment of whether they can meet their goals and objectives given their
current circumstances and future savings capacity.
2. Recommend a savings and investment plan that best meets their goals and
objectives.
3. A detailed assessment of the client’s risk profile (including an interpretation
of their answers to the risk profile questions in the Client Data Form) and a
recommended asset allocation that is suitable for them.
5. To recommend that the clients use either the Russell Investments
Diversified 50 Fund Class C or Vanguard Investments LifeStrategy Growth
Fund as their investment. You should advise the clients as to which product
you recommend and why. (You will recommend an appropriate portfolio mix
in line with their risk profile.) You should explain the risks and benefits
associated with the product you have chosen.
6. Required to analyse the two products and provide a table which
compares the costs and features, including the investment objectives and
styles. (This table and any narrative should be included as an attachment to
the client report.) Information for each fund manager can be found in the
assessment folder.
7. Advise the clients on whether gearing is suitable for them and, if so, how this
could be achieved and what level of gearing you would recommend. Need
to explain to the clients in detail the risks and benefits associated with
gearing.
8. Provide the clients with projections to model their outcome. (Note: You can
use Microsoluvft excel for your projections.
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