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A recently employed financial consultant at a wealth management firm, who holds a certification as a Financial Risk Manager (FRM), is reviewing the newly updated employee manual. This manual provides details on job responsibilities, suggested strategies for engaging with clients, and the typical daily activities expected of a financial advisor. Out of the actions detailed in the manual, identify the action that would violate the Global Association of Risk Professionals (GARP) Code of Conduct if performed by the advisor.
A
Guaranteeing that clients will not take a loss on an investment
B
Assuring clients that wealth managers will perform to the best of their abilities
C
Promising clients that they will have access to annual performance reports
D
Ensuring that clients' risk preferences are taken into consideration when selecting investments for their portfolios