Certainly. I wasn't rejecting CFAs, I was simply realizing I wasn't going to be successful without compromising my beliefs when practicing. I could actually justify risk=volatility as long as I defined that risk as the risk if a client panicking, not following my advise and doing stupid.

When it came to how a balanced portfolio was constructed however, I had much great qualms. I felt that recommending low-yielding bonds or commodities in order to satisfy formulas based on that risk definition would have been unethical, but not recommending them would have garnered me sanctions.