Once a client says ‘yes’ to paying for a plan, what engagement letter do you use with the invoice?

Article ID: 438
Last updated: 20 Nov, 2019
It depends on your licensing and what your firm requires. They will be the best resource to answer your question.

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b I want to create a concise answer to the question of what do we charge. You mention two things and I can't reconcile them. Either "set a Predictable Minimum Annual Recurring Revenue and honor it for all clients" or "use an annual fee of ____ % of their net worth or assets". These seem very different. I'm fine with charging an initial one-time separate $2500 fee for creating the plan. But on going do I charge a Predictable Minimum Annual Recurring Revenue or % of assets/net worth for the 10 deliverables/3 meeting annual on-going process.
b Is it possible to outsource and hire a person to network for you or create introductions for you?
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b Even with the question of "What’s the biggest benefit of the Financial Road Map®" and who you want to give that gift to, I still receive the response, “All my friends have an advisor.” What do I say then?
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