Conflict of Interest Question You are a financial advisor working for a reputable firm that offers investment services to clients. One of your long$-$time clients, Mr$.$ Johnson, has entrusted you with managing his retirement savings for many years. Over time, you have developed a close relationship with Mr$.$ Johnson and have gained his trust in making investment decisions on his behalf. Recently, you were approached by a new investment opportunity from a company that you know has ties to one of your close friends. The investment opportunity seems promising, with the potential for high returns. However, you also know that investing in this opportunity could present a conflict of interest, as your friend stands to benefit if you bring in investors. Question: What is the best way to approach this situation, considering your fiduciary duty to your client and the potential conflict of interest? How can you ensure that you make decisions that prioritize your client's best interests while also navigating your personal relationships and professional responsibilities?