Conflicts of Interest. Are you managing yours?
I am sometimes surprised at the low levels of recognition and understanding of conflicts of interest given that certain areas of the financial services industry are literally riddled with them. Of course best practice is to avoid all conflicts of interest and not engage in business where a conflict may even potentially exist. In a more practical world, however, this is not always possible and it then comes down to recognizing that a conflict exists, understanding the impact it will have in your dealings with associates and clients and acting accordingly.