1. A memo addressed to the client of your choice (2 pages maximum):
1. Summarize the article
2. Describe why and how the content of the article applies to the specific client
2. In an attachment (2-3 pages maximum):
1. Gather and read other sources of information related to the topic. Based on this broader research, explain the concept, features, advantages and drawbacks, etc. of the topic(s) of your article
•Be sure to cite all relevant sources that you used in researching the topic
2. Provide website links and references to articles so the client can find further information, explaining why or how they relate to the current article
3. Be sure to add value to the client above what he/she/them would be able to attain by simply reading the article themselves.
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3. Attach the article including all source information (including source publication, author and publication date, as a minimum).
To reiterate, this is not a copy and paste exercise and will be graded as such. You need to educate yourself on the topic(s) covered in the articles chosen by your group and write your memo and related documents in your own words, using the knowledge you attained from your research and from class. Any group caught copying from another group or any other source will receive a zero on the assignment and potentially an automatic F in the course. This penalty is applicable to all group members, even if one person admits to the copying.
Your memo should be worded as a letter to your client. For instance, it may start something like "I saw this article and thought it would be applicable to you....". And while you are expected to research and digest the knowledge you attain given your advanced knowledge of the topic(s), you should write the memo and related documents so that the client can easily understand what it is that you're trying to convey.
As you choose an article, you will have to decide which of your clients it relates to. You have many clients in various stages of life. They include the following:
John Brimmer: John recently divorced from his wife, together with whom he has three children, all under the age of 10 years old. John has been ordered to pay monthly child support and wants to eventually move from his one bedroom apartment into a modest house. His current income is $75,000 per year and he is 34 years old.
Dwight and Magda Radeon: The married couple currently lives in Ontario, is in their mid-40's and have no children or other dependents. Their current financial objective is to retire in their mid-50s, sell their house and travel the world.
Jennifer Stains: Jennifer, 30, is a single mother of one child who currently works full- time at the front desk of a hotel, making $23,000. Jennifer struggles to pay the bills each month and worries greatly about her job security.
Matthew Towns: Matthew is 18 years old, has just graduate from high school, and has a summer job making $16 per hour. Matthew will start university in Nova Scotia in four months and will have to fund his tuition and living expenses himself as his parents don't have the means to support him.
Malik Abdar: Malik is a single 23 year old recent graduate who is currently working for a financial institution earning $45,000 per year. Malik likes his job and is secure in it but wants to one day return to school and complete an MSc in Finance to increase his future career prospects.
Katelyn and Jennifer MacIntyre: Katelyn and Jennifer have been married for under a year and have the short-term goals of building or buying a house and starting a family. Their combined annual income is $115,000.