Question 1 of 30
A senior wealth advisor at \"Evergreen Financial,\" Javier, manages the portfolios of two clients: \"GreenTech Innovations,\" a rapidly growing renewable energy company, and \"FossilFuel Holdings,\" a long-standing oil and gas conglomerate. Javier learns that GreenTech Innovations is on the verge of announcing a major technological breakthrough that will significantly disrupt the fossil fuel industry, potentially impacting FossilFuel Holdings\' stock value negatively. Javier also knows that Evergreen Financial\'s senior management is subtly pressuring him to prioritize FossilFuel Holdings due to their larger account size and long-standing relationship with the firm. Considering Javier\'s ethical and fiduciary duties under Canadian regulations and industry best practices, what is the MOST appropriate course of action he should take?
Disclose the potential conflict of interest to both GreenTech Innovations and FossilFuel Holdings, obtain their informed consent to continue representing both clients, and establish an information barrier within Evergreen Financial to prevent the flow of confidential information between the teams managing the two accounts.
Quietly shift a portion of FossilFuel Holdings' portfolio to more defensive assets without explicitly disclosing the reason, thereby mitigating potential losses while avoiding direct confrontation with Evergreen Financial's management.
Prioritize FossilFuel Holdings by subtly delaying the implementation of certain investment strategies for GreenTech Innovations, ensuring that the larger client's interests are better protected, as this aligns with Evergreen Financial's overall business strategy.
Resign from managing either GreenTech Innovations or FossilFuel Holdings' account to completely avoid the conflict of interest, as this is the only way to ensure that his fiduciary duty is not compromised, regardless of the impact on Evergreen Financial's business.

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