Dear Sir,
We would like to thank you for providing us with the opportunity of charting your financial plan.
This letter is meant to give you a better understanding of what you may expect from the financial planning process and what our respective obligations are within that process. It will also confirm the terms of our recent discussions regarding financial planning services.
As part of each process, you will furnish us with complete and up-to-date information about your personal financial circumstances and investment objectives in prescribed Data Sheet. Once all relevant information is assimilated, we will analyze your present financial situation, which may include a review of pertinent assets, liabilities, current and projected cash flow, investment portfolios, and tax implications.
On the basis of the information you provide, we will produce a written report and recommended action within around 15 days. Your written report will refer to such things as your specific objectives, time horizons, risk profile, tax implications, performance expectations, asset allocation, and portfolio management information.
All information given to us by you and all recommendations and advice furnished by us to you will be kept confidential between us and will not be disclosed to anyone except as we may agree in writing or as may be required by law.
The broad-based custom financial planning service provides a single written report containing recommendations in all relevant areas of your financial well being and may include strategies regarding cash flow, investment portfolio management, retirement planning, income tax, and estate planning.
The fee for your Goal Planning is Rs 6900 and which is to be paid fully before the planning. To avoid future misunderstandings, this fee is for the written financial plan alone and the plan shall contain all of our recommendations to you as on the date of its delivery.
If you decide to implement our recommendations, we may ask you to make your investments through our company without any obligation on your part. This will be considered as a separate service. The fees charged to you under this agreement does not take into consideration any commissions, fees that we may receive from various companies for investment products sold through us, for which there may arise a conflict of interests.
A review and update of a previously written report, due to events such as changes in tax laws or your personal financial situation, is also available as a new and separate service.
This service is to reassess your financial objectives, progress, and circumstances to date and make appropriate recommendations.
We emphasize that the financial plan writing service described above are separate, stand-alone advisory services and you are not obligated to make any investments through us. You also are free to associate with any brokerage firm, insurance or real estate agents or other vendors you desire for the implementation of your plan objectives.
If at any time you feel that you are dissatisfied with this agreement, you may terminate it by giving a written request.
We regard the responsibility for providing competent and reliable services to you are a very important step in maintaining a close and personalized relationship with you. It is a relationship that involves an ongoing exchange of relevant information between you as our valued client and us. We view this interactive relationship as vital to the overall success and achievement of your financial objectives.
If you understand and accept the above terms, please tick in the given box.
Thank you for confiding in us to assist you in achieving your financial goals and objectives. We look forward to serving you to the best of our ability.
Sincerely,
For
Bonvista Financial Planners Ltd.
