An investment advisor discovers that a client's portfolio concentration in a single sector now exceeds the client's stated risk tolerance due to market appreciation. What is the advisor's MOST appropriate immediate action?
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A
Ignore the drift since it resulted from gains, not purchases
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B
Contact the client to discuss rebalancing options and document the conversation
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C
Rebalance immediately without contacting the client to protect their interests
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D
Wait until the next scheduled annual review to address the concentration