Financial Planning Letter of Engagement

Client Name

1002 Rest Street

Main, FL. 33315

Dear Client Name,

Parties to this engagement

I would like to thank you for the opportunity to meet with you to discuss your financial affairs and welcome the opportunity to work with you as your financial planner. This engagement letter is intended to outline the specific terms of the financial planning engagement between , CFP® and Client Name. Any changes to the scope or terms of the engagement should be documented in writing and mutually agreed upon by all parties to this engagement.

Confidentiality & Privacy:

Please be assured that all of the information that you provide to me will be kept strictly confidential. Any personal or financial information gathered at any point in this process is held in strict confidentiality and will not be shared without your express consent, unless required by law. During the financial planning engagement it may be necessary to consult with third-party professionals, such as lawyers or accountants. Should this become necessary, I will obtain your prior written permission to disclose your personal information.

Contracted Services:

As we discussed, the financial planning services will include a review of your current financial situation, personal information, goals, and objectivesas well as estate planning.

Specific services will include:

à discuss your current and long term planning goals and objectives;

à determine your current financial position;

à review your asset allocation and investment holdings;

à identify your future sources of retirement income;

à present a written financial review;

à prepare retirement projections

à present asset management and retirement planning recommendations.

à Assessment of your current estate plan, including a review of your current will;

à Determination & prioritization of specific estate planning objectives, including

special needs of survivors;

à Determining the feasibility of estate planning objectives

à Projection of estate net worth and liquidity, with focus on fees and taxes owing at

death;

à Development of estate planning strategies and recommendations;

à Development of an action plan for implementing the estate planning

recommendations; and

à Coordination of the implementation of the estate planning recommendations.

Client responsibilities

In order to ensure that the contracted services are effectively carried out, it is your responsibility to provide me with complete and accurate information. You will furnish complete and up-to-date information of your personal circumstances and your financial and investment objectives. I will make this task easy by providing information forms for you to complete, and then clarifying that data in our interviews. Incomplete disclosure of your financial situation can lead to inappropriate recommendations. Please forward the following for my review:

□ Completed client questionnaires

□ Copies of recent financial documents, including investment, mortgage and loan

statements

□ Copies of the previous year’s tax return and/or notices of assessment

□ Copies of wills, powers of attorney and other legal documents

□ Copies of insurance policies

□ Details of employment benefits

□ Details of pension plans

□ Other:

Failure to provide the above-noted information may result in a limitation of services. If I am unable to proceed based on the information I have, I will inform you of this. It is also your responsibility to ensure that any material changes to the above-noted documents are disclosed on a timely basis as they could impact the financial planning recommendations.

As well, any significant changes in employment status, marital status, health or other personal or financial circumstances should be communicated immediately so that we can make the appropriate updates to your plan. Changes in your personal affairs may impact this engagement and/or the financial planning process.

Duration of Engagement

The financial review will be presented within 30 days of receipt of all the necessary information. I will provide a written analysis and recommended actions in the form of a financial review. Your written financial review will refer to such things as the holding or sale of securities and other assets, your projected income, projected cash flow, projected tax consequences, retirement planning, estate planning and insurance.

Recommendations will be made based on the written data provided by you and will include considerations of your stated personal, financial and investment objectives — so use care in providing the data.

When you receive your written financial review, it will be your decision alone to implement the recommendations, either completely or in part. So there will be no future misunderstanding, it is for the written financial review alone that you will pay a fee under this agreement and this plan shall contain all our financial services recommendations to you through the date of its delivery.

After you have evaluated your financial review, there are two aspects of follow through:

Service Assistance.

This involves delivery of documents to and conferences with your other advisors and attention to the completion of forms and agreements to accomplish your objectives. There is no additional fee for this service.

Product Sales.

This involves the voluntary acquisition by you of investment, real estate or insurance products to accomplish your objectives. This agreement and fee does not provide for any product-related activity.

Plan Implementation Assistance.

Implementation of any aspect of your plan by product acquisition is entirely at your option. I recognize that in many areas, you will already have satisfactory business relationships, and I will assist them and you. However, if you request my assistance in directly making any financial acquisitions and decide to make purchases through me or my associates then I or they would receive commissions, where commissions are due.

I emphasize that you are not obligated to make any purchase through me or my associates. You are free to select any brokerage firm, insurance or real estate agents or other vendors you desire for the implementation of product recommendations.

You may wish an annual update of your written financial review and a more frequent periodic review because of changes in the tax laws or in your personal financial situation. These are available as a separate service. I feel that continued monitoring is essential to accomplishing all of your objectives.

Compensation

My fee for preparing your financial review is determined based on anticipated work to be done. I appreciate that my clients wish to know the exact fee amount before retaining my services. Since I cannot accurately determine that amount until learning about their family and financial circumstances, it is my practice to establish the fee after an initial, no obligation session.

Payment terms

One half of the fee is payable after the information gathering interview, and the remainder upon receipt of your financial review. The total fee for your financial review will be: _____________

Disclosures

Conflicts of Interest & Third-Party Professionals:

During the course of the financial planning engagement, there may be a need to consult with other professionals (i.e., tax, legal or insurance specialists) or to make referrals to other professionals to assist with the implementation of the financial plan. Consultations with other professionals will not take place without your written agreement.

As noted, the implementation of your estate plan may call for consultation with a lawyer or other such professional to assist in implementing certain strategies. While I will be able to provide a referral if requested, I do not receive any compensation for making such referrals.

These professionals will charge a fee separate to our arrangement which will be negotiated and billed directly to you.

You should interview several different advisors and select the one you believe is best for you.

Assumptions:

Analyses will be performed based on certain personal and economic assumptions. These may include assumptions relating to: retirement age, life expectancy, retirement-income requirements, government benefits, time horizons and special needs, as well as economic assumptions including: rates of return, inflation assumptions and income tax rates. The assumptions will be identified in the financial plan.

Qualifications

I am a CFP® professional and member in good standing with the Certified Financial Planner Board of Standards Inc. I am also a licensed life and health insurance agent in the state of Florida.

I am not authorized or qualified to give you legal advice or prepare legal documents for you. You should look to your own attorney for these services.

I am not authorized or qualified to prepare or amend the filing of personal income, gift or estate tax returns for you. You should look to your own accountant for these services.

I am not authorized or qualified to act as trustee, and acting upon the advice of your attorney you should select appropriate individuals or trust companies to provide this service.

While I do not expect to ask anyone else to fulfill any of my responsibilities under this agreement, it may become necessary to do so. If that situation should arise, I will obtain your prior written consent. Assignment will cancel this engagement.

If at any time you feel that you are dissatisfied with this agreement, you may cancel it. If you do so within five days of acceptance, you will receive a full refund. Thereafter, any fees that you have paid in advance will be charged for the time and effort I have devoted up to then, and the balance refunded.

Furthermore, you and I agree all controversies between us concerning any transaction or the construction, performance or breach of this or any agreement between us, whether entered into prior, on or subsequent to this date, shall be determined by arbitration as permitted by law. Such arbitration shall be conducted in accordance with the Commercial Arbitration Rules of the American Arbitration Association then applying. The award of the arbitrators or their majority shall be final and binding and not subject to review or appeal.

If you have any questions concerning the terms outlined in this engagement letter, please call me at XXX-XXX-XXXX. After reviewing these details, please sign where indicated below, and return one copy to my attention, and retain the other for your records. I welcome the opportunity to help you reach your personal financial planning goals.

If you understand the above terms and agree to them, please sign both copies of this letter and return one to me. You may include the initial fee.

I look forward to working with you for the achievement of your financial goals.

Understood and Agreed to by: _______________________________________

[insert client name]

This _______________________, __________.

Best Regards,

CFP®