FINANCIAL ADVISOR
A quarterly review for a client on a moderate-risk mandate. Six trades since the last meeting, and the meeting is on Thursday.
- Who uses it
- The advisor preparing the review, with the live positions open beside her.
- For what
- Checking every position against the mandate the client signed, and preparing what the firm requires her to disclose.
- Embedded in
- The firm's own advisor workstation
Asked on demand
Which holdings sit outside the mandate she signed in March?
2 of 31 positions. Both carry a 90-day notice clause on exit. The mandate clause and both product sheets, quoted with page numbers.
- MANDATE, 14 MAR
- PRODUCT SHEET p.7
Who decides
The advisor makes every decision. Nothing reaches the client as advice from STEWARD.