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THE LETTER OF ENGAGEMENT
Author(s) -
Kuske Andrew,
Gunz Sally
Publication year - 1998
Publication title -
journal of legal studies education
Language(s) - English
Resource type - Journals
eISSN - 1744-1722
pISSN - 0896-5811
DOI - 10.1111/j.1744-1722.1998.tb00269.x
Subject(s) - citation , library science , associate editor , law , management , sociology , political science , computer science , economics
This Letter of Engagement sets forth the terms upon which you engage Grossman Financial Management (hereafter " GFM ") as a financial and investment advisor. Services With regard to the areas checked below, GFM will: 1. perform detailed data-gathering, relying primarily upon your data; 2. discuss with you your financial goals and concerns in order to determine the financial objectives to be planned for; 3. evaluate your current situation in light of stated objectives; 4. present, with analysis, alternative strategies to improve the attainment of your objectives; 5. recommend a specific course of action designed to optimize your situation; and 6. provide a written report documenting the plan. ___ Statement of Financial Position. GFM will prepare current Balance Sheet and Cashflow statements to establish your current financial position. ___ Financial Forecasting GFM will prepare a forecast of your financial situation in light of pre-retirement and retirement goals. ___ Investment Planning GFM will consider your investment portfolio in light of such considerations as your goals, expected volatility and return, taxation, diversification, implementation costs, management and types of securities. GFM will educate you about these various issues and recommend an investment strategy that is suitable for you. GFM will prepare a financial forecast for each situation considered. ___ Risk Management GFM will consider risk exposures regarding disability, death and the need for long-term custodial care. GFM will prepare a financial forecast for each situation considered.