Compliance question

I created a new account to ask this question for obvious reasons.

Is it actionable (in a legal sense) if an independent ER firm (that also has a wealth management arm) is pushing products (mostly ETFs that they both control and generate) on clients regardless of the clients risk profile?

So if a client comes in and says I am completely risk averse and the firm pushes the client to invest in an ETF that is comprised of small cap (almost penny) stocks, would that be an obvious conflict of interest or breach of fiduciary responsibility?

Just started here so not trying to make waves. Just wanted to get your opinions.