When a financial planner designs a formal contract, which of the following should not be included?

Question

Quizplus · Accepted Answer

All of the options should be included in a formal contract designed by a financial planner. A range of services to be performed should be outlined, the method of compensation should be clearly stated, the client's responsibility in the planning process should be identified, and it should be stated that the financial planner is not authorized to provide legal advice. All of these details help ensure that there is no confusion or misunderstanding between the financial planner and the client.

When a Financial Planner Designs a Formal Contract, Which of the Following