INVESTMENT STRATEGY AND PORTFOLIO DEVELOPMENT

You are currently a senior client adviser with Paterson Securities which provides investment advice and stockbroking and portfolio management services primarily to retail clients. You advise high net- worth individual or family clients who pay advisory and investment return commission fees to your firm in return for the provision of initial investment planning and evaluation services, ongoing investment and related advice and the development and management of investment strategies and portfolios on their behalf. You have just been assigned a new client who is the founder of a successful medical research company in which they recently divested a substantial ownership share through a partial equity listing. In light of the current COVID-19 health and burgeoning economic crisis, they have indicated a desire to invest $5 million from these equity proc