• 6.1 Document Guidelines

    To protect your practice from regulatory and legal risks, you need properly documented client files. The purpose of this section is to share suggestions in an

  • 6.2 When to Document

    In deciding whether to document a particular event for the client’s file or retain a particular document on the file, consider the relevance. Did the event,

  • 6.3 Documenting Client Objectives

    It is important to understand the difference between the client’s objectives and the strategies implemented to achieve those objectives. Objectives are

  • 6.4 First Level Documents

    KYC information, financial plans, applications, forms, suitability assessments, notes of client discussions of a transactional nature, beneficiary change,

  • 6.5 Second Level Documents

    Account statements (one sub-group), client correspondence, notes of meetings and discussions of a general nature (another sub-group). You should file