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Financial Advisory Agreement - wwwthenicgnet Powered By Docstoc
					                      NATIONAL CAPITAL FINANCIAL PARTNERS
                         FINANCIAL PLANNING AGREEMENT

Congratulations on taking a critical step on your journey towards financial independence. Our
entire organization is committed to your financial well being. Our planning process is a holistic
one that consists of five phases:

Phase One: Client Preparation – We will provide you with a list of documents that will aid in
the collection of information. In addition we will also provide you with a personal data
collection sheet that will allow us to create a baseline analysis of your current financial picture.

Phase Two: Initial Meeting – During this meeting we review your financial information and
discuss your expectations and goals. Also in this meeting we will determine the scope and
complexity of your plan and determine the most appropriate fee structure. Our standard fee
covers the full comprehensive plan and, should you decide to implement the plan through
National Capital Financial Partners, a full year on consultations and updates. After the first year,
an annual retainer will be quoted based on the extent of our services you wish to utilize. A $500
retainer is due at contract signing. The balance will be due upon presentation of the final plan.

Phase Three: Data Review Meeting – Approximately two weeks after the initial meeting we
will have a preliminary plan ready for you. At that time a meeting will be scheduled to verify
that we have correctly interpreted your data, your goals have been correctly represented, clarified
any questions that presented themselves when analyzing your data, and discuss any
modifications you wish to make.

Phase Four: Presentation of Final Plan – After approximately ten days we will schedule
another meeting to present your final analysis and our specific recommendations for meeting
your goals. Upon full review of your plan you may then select to implement with us or to
implement your plan independently.

Phase Five: Monitoring – We believe a financial plan is an ever changing entity. Once the final
plan has been delivered we will began to meet at least quarterly to track the progress of your
plan. These meetings will take place in person, via conference call or over the internet.

Thank you for your interest in fee-based wealth management services offered through National
Capital Financial Partners.




Yours Truly,



De’Lante Rawls
Managing Principal
                      NATIONAL CAPITAL FINANCIAL PARTNERS
                         FINANCIAL PLANNING AGREEMENT


This Financial Planning Agreement (“Agreement”) sets forth the terms under which National Capital
Financial Partners (NCFP) will provide financial planning services to you.



   1. Scope of Services. NCFP, acting through ____________________________, its Financial
      Advisor Representative, agrees to advise you (“Client”) regarding the management of your
      financial resources base upon an analysis of your individual needs. NCFP’s services may be
      rendered through a series of informal consultants or by the production of a comprehensive or
      modular (e.g., tax, retirement, education, estate) financial plan. NCFP’s advice will take into
      account your present and anticipated assets and liabilities, and will include either general or
      specific recommendations for a course of action on your part. NCFP will also, at your request,
      review your financial plan periodically and recommend revisions thereto.

   2. Financial Profile and Investment Objectives. In order for NCFP to provide financial planning
      advice to you, you will be asked to supply NCFP with information about your assets, liabilities,
      and your investment objectives. You understand that NCFP will rely on this information in
      advising you with regard to the management of your financial resources, and you agree to notify
      NCFP in the event that any information you supply becomes inaccurate.

   3. No Guarantees. You understand that NCFP does not guarantee that your financial objectives will
      be achieved and that past performance is not a guarantee of future results. You acknowledge that
      NCFP does not guarantee that a specific result or return will be achieved by following NCFP’s
      advice or recommendations.

   4. Service to Other Clients. You acknowledge that NCFP renders financial advisor services to
      many different clients. You agree that NCFP may give advice and take action with respect to any
      other client which may differ from advice given to you.

   5. Fees. Fees for NCFP’s financial advisory service shall be $2500 for the first twelve month period
      and $1000 for each additional 12 month period. NCFP may at its discretion waive all or part of it
      fees. In addition to our full financial planning service, modular based financial planning is also
      available at the $750 annually.

   6. Additional Compensation. You understand that NCFP and the Financial Advisor may receive
      additional compensation for each transaction they effect on your behalf. You acknowledge that
      certain NCFP affiliates are licensed to sell insurance and other products, and that your Financial
      Advisor may also be licensed to sell securities and non-securities products. Although this
      arrangement could produce certain conflicting loyalties, NCFP has adopted internal procedures to
      minimize any such conflicts. Upon written request, NCFP will inform you on an annual basis, of
      the amount of all commissions and/or other forms of selling compensation that NCFP, its
      affiliates and your Financial Advisor receive based upon your purchase of securities and other
      non-securities products.
7. Assignment/Termination. This Agreement may not be assigned or transferred in any matter by
   any party without the written consent of all parties. This Agreement may be terminated by any
   party upon written notice to the other party. Upon written notice to NCFP, you may terminate this
   Agreement within five (5) business days after the date hereof without penalty. You will, however,
   be liable for the costs associated with advisor services rendered prior to such termination. Such
   fees shall be billed at a rate of $250 per hour. Such termination shall not, however, affect the
   liabilities or obligations of the parties under this Agreement arising to such termination, including
   the provisions regarding arbitration which shall survive any termination of this Agreement.

8. Amendments. No Provision of this Agreement may be waived or amended except by written
   agreement between the parties.

9. Limitation of Liability; Indemnification. NCFP shall not have any liability for your failure to
   inform NCFP in a timely manner of any material change in your financial circumstances that
   might affect the manner in which NCFP’s services are rendered. You further agree that NCFP
   shall not be liable for your failure to provide NCFP with any material information as to your
   financial status or objectives, as NCFP may reasonably request, or any material changes thereto.

    You agree to indemnify and hold NCFP, it’s members, partners, officers, directors, agents,
    employees, control persons, and affiliates harmless, to the maximum extent permitted by
    applicable laws, from all loss , costs, indebtedness, liability, and expense ( including, without
    limitation, court/arbitration costs and attorneys’ fees and expenses) arising out of (i) any
    misrepresentation or omission of a material fact by you, or (ii) your failure to perform your
    obligations under this Agreement.

    The indemnification provided in the preceding paragraphs shall survive the termination of this
    Agreement.

10. Arbitration Requirement. THIS AGREEMENT CONTAINS A PREDISPUTE
    ARBITRATION CLAUSE. BY SIGNING AND ARBITRATION AGREEMENT THE
    PARTIES AGREE AS FOLLOWS
        ALL PARTIES TO THIS AGREEMENT ARE GIVING UP THE RIGHT TO SUE
           EACH OTHER IN COURT, INCLUDING THE RIGHT TO A TRIAL BY JURY,
           EXCEPT AS PROVIDED BY THE RULES OF THE ARBITRATION FORUM IN
           WHICH A CLAIM IS FILED.
        ARBITRATION AWARDS ARE GENERALLY FINAL AND BINDING; A
           PARTY’S ABILITY TO HAVE A COURT REVERSE OR MODIFIES AN
           ARBITRTION AWARD IS VERY LIMITED.
        THE ABILITY OF THE PARTIES TO OBTAIN DOCUMENTS, WITNESS
           STATEMENTS AND OTHER DISCOVERY IS GENERALLY MORE LIMITED
           IN ARBITRATION THAN IN COURT PROCEEDINGS.
        THE ARBITRATORS DO NOT HAVE TO EXPLAIN THE REASON(S) FOR
           THEIR AWARD.
        THE PANEL OF ARBITRATORS WILL TYPICALLY INCLUDE A MINORITY
           OF ARBITRATORS WHO WERE OR ARE AFFILIATED WITH THE
           SECURITIES INDUSTRY.
     THE RULES OF SOME ARBITRATION FORUMS MAY IMPOSE TIME
      LIMITS FOR BRINGING A CLAIM IN ARBITRATION. IN SOME CASES, A
      CLAIM THAT IS INELIGIBLE FOR ARBITRATION MAY BE BROUGHT IN
      COURT.
     THE RULES OF THE ARBITRATION FORUM IN WHICH THE CLAIM IS
      FILED, AND ANY AMENDMENTS THERTO, SHALL BE INCORPORATED
      INTO THIS AGREEMENT.

YOU ACKNOWLEDGE THAT ANY DISPUTE INVOLVING THIS AGREEMENT
THAT CANNOT BE SETTLED SHALL BE TAKEN TO ARBITRATION.

      NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN
THIS AGREEMENT, THIS AGREEMENT TO ARBITRATE DOES NOT CONSTITUTE
A WAIVER OF THE RIGHT TO SEEK A JUDICIAL FORUM TO THE EXTENT THAT
SUCH A WAIVER WOULD BE VOID UNDER APPLICABLE LAW. YOU AND NCFP
EACH AGREE THAT, EXCEPT AS INCONSISTENT WITH THE PRECEDING
SENTENCE, ALL CLAIMS OR CONTROVERSIES, AND ANY RELATED ISSUES,
WHICH MAY ARISE AT ANY TIME BETWEEN THE PARTIES (INCLUDING NCFP’S
REPRESENTATIVES, DIRECTORS, OFFICERS, EMPLOYEES, AND AGENTS)
CONCERNING ANY SERVICE, TRANSACTION OR ORDER PERFORMED BY
NCFP; THE CONDUCT OF NCFP OR ITS REPRESENTATIVES, DIRECTORS,
OFFICERS, EMPLOYEES, AND AGENTS; THE CONSTRUCTION, PERFORMANCE,
OR BREACH OF THIS OR ANY OTHER AGREEMENT BETWEEN THE PARTIES,
WHETHER ENTERED INTO PRIOR TO, ON, OR SUBSEQUENT TO THE DATE
HEREOF; THE BREACH OF ANY COMMON LAW OR STATUTORY DUTY; OR THE
VIOLATION OF ANY FEDERAL OR STATE SECURITIES LAW, THE RACKETEER
INFLUENCED AND CORRUPT ORGANIZATION ACT(RICO), OR ANY OTHER
FEDERAL OR STATE LAW OF ANY NATURE, SHALL BE RESOLVED BY
ARBITRATION RATHER THAN BY LAWSUIT IN A COURT OF LAW OR EQUITY.

ARBITRATION MUST BE COMMENCED BY SERVICE UPON THE OTHER PARTY
OF A WRITTEN DEMAND FOR ARBITRATION OR A WRITTEN NOTICE OF
INTENTION TO ARBITRATE. JUDGEMENT UPON ANY SUCH AWARD MAY BE
ENTERED BY ANY COURT OF COMPETENT JURISDICTION. NO PERSON SHALL
BRING A PUTATIVE OR CERTIFIED CLASS ACTION TO ARBITRATION, NOR
SEEK TO ENFORCE ANY PRE-DISPUTE ARBITRATION AGREEMENT AGAINST
ANY PERSON WHO HAS INITIATED IN COURT A CLASS ACTION OR WHO IS A
MEMBER OF A PUTATIVE CLASS AND WHO HAS NOT OPTED OUT OF THE
CLASS WITH RESPECT TO ANY CLAIMS ENCOMPASSED BY THE PUTATIVE
CLASS ACTION UNTIL: (1) THE CLASS CERTFICATON ID DENIED; (II THE CLASS
IS DECERTIFIED; OR (III) THE PERSON IS EXCLUDED FROM THE CLASS BY THE
COURT. SUCH FORBEARANCE TO ENFORCE AN AGREEMENT TO ARBITRATE
SHALL NOT CONSTITUTE A WAIVER OF ANY RIGHTS UNDER THIS
AGREEMENT EXCEPT TO THE EXTENT STATED HEREIN.
11. Miscellaneous. If any provision of this Agreement shall be held or made non-enforceable by a
    statute, rule, regulation, decision, of a tribunal or otherwise, such provision shall be automatically
    reformed and construed as to be valid, operative and enforceable to the maximum extent
    permitted by law or equity while most nearly preserving it’s original intent. The invalidity of ant
    part of this Agreement shall not render invalid the remainder of this Agreement and, to that
    extent, the provisions of this Agreement shall be deemed to be severable.

    The provisions of this Agreement shall not be superseded or otherwise limited by the effect of
    any provision contained in any separate agreement between you and NCFP. The provisions of
    this Agreement shall not benefit any third party not expressly referred to in this Agreement.

    This Agreement represents the entire Agreement between the parties with the respect to the
    subject matter contained herein. This Agreement shall be construed under the laws of the District
    of Columbia.

    Both you and NCFP have executed this Financial Planning Agreement intending to be legally
    bound in accordance with its terms as of the earliest date indicated below. THIS AGREEMENT
    CONTAINS PRE-DISPUTE ARBITRATION PROVISIONS IN SECTION 11 ON PAGES
    2 AND 3. You acknowledge receiving a copy of this Agreement.
                                      Fee Schedule



1. Services to be provided:

       a.   Wealth Management Planning    ____
       b.   Budget/Cash Flow Planning     ____
       c.   Investment Planning           ____
       d.   Education Planning            ____
       e.   Retirement Planning           ____

2. Fees for wealth management services:

       a. Comprehensive          ___________
       b. Modular                ___________

3. Terms of payments:

       a. Initial Deposit        ___________
       b. Remaining Balance      ___________
                i. Lump Sum      ___________
               ii. Quarterly     ___________
Financial Advisor:                           Client:



_____________________________                 ___________________________
 Signature                                    Signature




Date: _________________________                 Printed name(s) & mailing address


                                                __________________________

                                                __________________________

                                                __________________________

                                                __________________________




Agreed to and accepted:

National Insurance Consulting Group, Inc./
National Capital Financial Partners



By: ________________________



Date: _______________________
                                           Documents List

We request the items listed below in order to provide you with most comprehensive plan we can. Some
items listed below may not pertain to your situation. However the more information we have the more
accurate your plan will be.



Mortgage Information

Recent Pay Stubs

Details about retirement plans

2 years of Tax Returns (Federal & State)

Investment account statements

Bank Statements

Employee benefits outlines

Health insurance cost

Corporate stock option letters

Social security estimates

Declaration page from homeowners insurance

Annual statement from life insurance polices

Disability insurance summaries

Long term care summaries

Wills and trusts

				
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