Ethics: Updating client info should, members, general, situation, investment

sabina

Standard III (C) Suitability says that members should update a client’s financial situation and investment objectives regularly.

How often is regularly for a general rule of thumb? (Or is there an exact time)?

kamara5

One should present the clients with investment statements quarterly.. but i am not sure if there is a time frame for updating client info.. I guess it should always be aligned with the clients risk tolerance and objectives and hence be as up to date as possible.

dotamasta

No Client Info is supposed to be IPS which is updated every year(requirement), and can also happens if something major happens at client's end.

JGovender

*be updated