Letter of Engagement
1600 Victor Avenue
Redding, CA 96003
Phone: 530-222-6301
Toll Free: 800-546-5573
Fax: 530-226-1677
Jim Forcella, CFP®, CFS®
LPL Branch Manager
CA Insurance Lic. #0635256
jim@forcellawealth.com
Geoff Forcella, CFP®, CLU®,
CDFA ™, CAS®, CES™, CFS®,
CIS™, CTS™, AIF®
LPL Financial Planner
CA Insurance Lic. #0G20792
geoff@forcellawealth.com
Tom Forcella, CES™, CFS®
LPL Financial Planner
CA Insurance Lic. #0683843
tom@forcellawealth.com
This Engagement Letter is intended to provide a clear understanding regarding the general
terms and conditions that are expected when providing and receiving financial advice and
investment management services.
INTRODUCTION.
In general terms, the following six steps comprise a successful
client/financial advisor relationship:
1. Defining the terms of our relationship.
2. Discussing your financial goals, and obtaining necessary financial data
3. Evaluating your situation based on the information you have provided
4. Developing and presenting a plan of action for you to consider
5. Implementing some or all of the strategies recommended
6. Monitoring and revising the plan as necessary.
SERVICES PROVIDED. The services provided (when applicable) include, but are not limited
to: investment management, retirement planning, insurance planning, estate planning,
education planning, and business planning.
CLIENT ASSETS. All assets will be held by the Client. FWM will not receive, retain, or
otherwise physically control any of the Client's cash, securities, or other assets. All
confirmations, with respect to security transactions, shall be sent both to the Client and to
FWM. The SEC deems us to have custody under their regulations, but the Client’s assets are
held by our independent broker/dealer, LPL Financial, member FINRA/SIPC.
CONFIDENTIALITY. All information and advice furnished by either party to the other,
including their agents and employees, shall be treated as confidential. We may share
information about you with other affiliates, such as LPL Financial and other financial firms with
which you will be doing business. Otherwise, we do not disclose any non-public personal
information about you to anyone except as required by law.
CONFLICTS OF INTEREST.
FWM may assist Client in the implementation of or
recommendations involving annuities, and life, health, long term care or disability insurance. If
FWM does so, FWM will be acting as an Agent/Broker of the insurance company involved in
the transaction, and will receive insurance commissions. College Saving Plans (529s) may also
have up-front commission structures.
DEVELOPMENT OF RECOMMENDATIONS. As the Client's Advisor, FWM agrees to review
all information provided by the Client. The recommendations developed by FWM are based
upon our judgment as an investment advisor and results of the recommendation(s) cannot be
guaranteed.
LEGAL/ACCOUNTING ADVICE. FWM is not qualified to give accounting or legal advice, and
the Client acknowledges that he or she is not relying on FWM for advice on such matters.
IMPLEMENTATION OF ADVICE. The Client is free to obtain legal and accounting services
from any professional source to implement the recommendations FWM makes.
Securities offered through LPL Financial, Member FINRA/SIPC
1600 Victor Avenue
Redding, CA 96003
Phone: 530-222-6301
Toll Free: 800-546-5573
Fax: 530-226-1677
Jim Forcella, CFP®, CFS®
LPL Branch Manager
CA Insurance Lic. #0635256
jim@forcellawealth.com
Geoff Forcella, CFP®, CLU®,
CDFA ™, CAS®, CES™, CFS®,
CIS™, CTS™, AIF®
LPL Financial Planner
CA Insurance Lic. #0G20792
geoff@forcellawealth.com
Tom Forcella, CES™, CFS®
LPL Financial Planner
CA Insurance Lic. #0683843
tom@forcellawealth.com
RESPONSIBILITIES OF THE CLIENT. The Client acknowledges that FWM cannot adequately
perform services on the Client's behalf unless the Client can perform the following
responsibilities:
 The Client agrees to provide information regarding income, insurance, investments,
taxes, estate plans, and other pertinent matters as requested by FWM.
 The Client also agrees to discuss needs and goals frankly with FWM on, at least, an
annual basis, or more often if needed.
 The Client agrees to permit FWM to consult with and obtain information about his or
her affairs from the Client's accountant and attorney. FWM shall not be required to
verify any information obtained from the Client’s attorney or accountant.
The Client is free at all times to accept or reject any recommendations from FWM, and the
Client acknowledges that he or she has sole authority regarding the implementation,
acceptance, or rejection of any counseling or advice from FWM.
COMMUNICATION. FWM will keep in contact with Client through regular newsletters (and
other topical emails), and at least an annual call to review Client’s circumstances. Should the
client’s financial situation change (e.g., as a result of marriage, birth of a child, divorce, etc.)
he/she is responsible for contacting the advisor as soon as possible.
FEE STRUCTURE. We charge a quarterly, advisory fee on the balance of your account(s).
Advisory fees collected through LPL Financial will be determined on a per account basis, and
this engagement letter does not modify or amend those agreements. There are many factors
that can influence the advisory fee that we charge such as the total amount of assets involved,
the number of investment strategies utilized, the investment vehicles used, and other individual
requirements.
DURATION AND TERMINATION. The advisory relationship may be terminated without penalty
(account closing fees will apply) at any time, upon written or verbal notice to the other, by FWM
or the Client.
NON-BINDING AGREEMENT. This engagement letter is not a contract, nor does it modify or
amend any contracts between LPL Financial (and other third parties), Advisor and Client,
which are set forth in the documents signed and received by Client in connection with opening
accounts.
Securities offered through LPL Financial, Member FINRA/SIPC