单选题
Caleb Smith, CFA, is an investment advisor and manages the portfolios of several high-net-worth individuals. To comply with the Standards of Professional Conduct relating to suitability, at the inception of the client relationship, Smith must : A. gather client information including the client's financial circumstances, personal data that are relevant to investment decisions, attitudes towards risk, and objectives in investing. B. invest in a manner consistent with the stated mandate. C. consider the possibilities of rapidly changing investment environments and their likely impact on a client's holdings.