Sample Letter for Monitoring and Updating Engagements

This sample letter addresses the monitoring and updating phase of a client’s personal financial plan [in compliance with the SSPFPS]. The creation and implementation part of the financial plan is assumed to have already taken place in previous steps and may not have been done by the current advisor. The monitoring and updating step involve assisting clients in tracking the progress of achieving the goals developed as part of the financial plan phase and revising as appropriate the terms of