Boris seeks personal investment advice from Rory, a financial advisor and AFS licence holder. Boris, a 60 year old client with an income of $60,000 per year, is considering investing his life savings of $300,000 in a new technology company. Rory uses accurate data to calculate that the company has a 50% chance of tripling his money and a 50% chance of going broke. Rory advises Boris to make the $300,000 investments. Has Rory fulfilled all his obligations as an AFS licensee?