My Engagement Letter outlines the larger, Investment Decision Management (IDM) Engagement, and then allows the prospective client to chose one of two options: the Investment Advisory (IA) Engagement (IDM & QM&M Services), or the Personal Financial Model (PFM) - Only Engagement. A sample Engagement Letter can be seen by clicking here.
Client Control, Annual Updates, and Fees
My role is as a advisor/consultant rather than broker, and as such, I never have trading authority over your portfolio. At implementation and when manager changes or rebalancing needs to occur, I provide specific instructions to both the client and the broker, which the client then authorizes. The client is in always in direct control of their investment portfolio.
For clients who engagement me after the first year, I annually revisit both the PFM and the IDM with the client. This keeps us on track over time.
My fee schedule can be seen here.