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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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the #1 online author and videographer of insurance content. Steve has been cited on FO... More