Using an engagement letter can outline the expectations for both advisor and client. It outlines the obligations of both parties with targeted goals and established timelines. It may also include advisor planning and product recommendations. Sometimes clients select some, but not all of an advisor’s recommendations. In that case drawing up a secondary letter citing those recommendations not taken by the client could be additional documentation. Ilya Lerma, J.D. is interviewed in this video blog.
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Syndicated financial columnist Steve Savant hosts the weekly video talk show for consumers entitled, Right on the Money and anchors the weekend news update On the Money News.
Steve is also the host of the daily producer show, Thought Leaders. Steve is of the top online author and videographer of... More