When implementing agreed-upon recommendations in the SOA, the financial planner:
A) must obtain the signature and consent of the client prior to implementation.
B) must ensure the client fully understands the contents of the SOA and that the implementation of the recommendations are in the clients and planners shared interests.
C) both a and b.
D) is unlikely at this point to indicate clearly the responsibilities of each party or a time line for implementation.
Correct Answer:
Verified
Q9: Acting in the best interests of the
Q10: Problems or conflicts that may arise between
Q11: A record of advice (ROA) can be
Q12: The legislation that specifically sets out how
Q13: Examples of assumptions that are often required
Q15: Prior to engaging the services of a
Q16: The financial planner has a part to
Q17: The best interest obligations:
A) require the financial
Q18: A sunset clause in a SOA represents:
A)
Q19: Financial advisers are legally required to disclose
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