standard V: investment analysis, recommendations, and actions

Diligence

Conducting thorough and careful analysis before making investment recommendations.

Reasonable basis

Having adequate research and evidence to support an investment decision.

Third-party research

External research that must be evaluated for reliability and quality before use.

Communication with clients

Providing clear, accurate, and complete information about investment services and recommendations.

Investment process disclosure

Explaining how investment decisions are made.

Fact vs Opinion

Distinguishing between objective information and subjective judgments.

Record retention

Maintaining records to support investment analyses and recommendations.

Supporting documentation

Data and materials used to justify investment decisions.