Document background
The Financial Plan Engagement Letter is a crucial document used in Swiss financial advisory relationships to formalize the provision of financial planning services. It serves as the foundational agreement between financial advisors and their clients, whether individuals, families, or corporate entities. The document must comply with Swiss regulatory requirements, particularly the Financial Services Act (FinSA) and Financial Institutions Act (FinIA), which mandate specific disclosures, client categorization, and service documentation. This engagement letter typically includes detailed scope of services, fee arrangements, regulatory disclosures, and data protection commitments. It's essential for establishing clear expectations and ensuring regulatory compliance in the Swiss financial advisory context.
