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What Is an Engagement Letter

Question 22

Multiple Choice

What is an engagement letter?


A) A legal contract that details the understanding between the planner and the client
B) A informal letter inviting the client to a seminar
C) A letter formalizing the relation between the financial planner and the broker-dealer
D) A letter that details the firm's mission statement,which must be sent to every new client
E) None of the above

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