CFP DISCLOSURE
CFP PRACTITIONER DISCLOSURE FORM: David Peterson, CFP For Use When Providing Personal Financial Planning Services INFORMATION ABOUT THIS FORM: THIS FORM PROVIDES FOR CERTAIN DISCLOSURES TO CLIENTS (OR POTENTIAL CLIENTS) AS REQUIRED BY THE CFP BOARD OF STANDARDS' CODE OF ETHICS AND PROFESSIONAL RESPONSIBILITY. IT IS INTENDED FOR USE BY THOSE CERTIFIED FINANCIAL PLANNER DESIGNEES WHO PROVIDE PERSONAL FINANCIAL PLANNING SERVICES TO CLIENTS FOR COMPENSATION. CFP DESIGNEES MAY USE THIS FORM, SEC FORM ADV PART II, OR FORM OF THEIR OWN DESIGN OR CHOOSING AS LONG AS THE REQUIRED CODE DISCLOSURES ARE INCLUDED IN WHATEVER FORM IS USED BY THE CFP DESIGNEE. COMPLIANCE WITH THE CLIENT DISCLOSURE REQUIREMENTS OF THE CODE OF ETHICS AND PROFESSIONAL RESPONSIBILITY IS ACCOMPLISHED ONLY WHEN ALL MATERIAL INFORMATION RELEVANT TO THE PROFESSIONAL RELATIONSHIP (WHICH INCLUDES EVERYTHING REQUIRED, PERTINENT AND APPROPRIATE TO THE GIVEN CLIENT RELATIONSHIP) HAS BEEN DISCLOSED TO THE CLIENT OR PROSPECTIVE CLIENT. SUCH DISCLOSURE SHOULD INCLUDE, IF MATERIAL, 1) INFORMATION ABOUT THE FINANCIAL CONDITION OF THE CFP LICENSEE AND/OR HIS OR HER FIRM WHICH IS REASONABLY LIKELY TO IMPAIR THE ABILITY OF THE CFP LICENSEE TO MEET CONTRACTUAL COMMITMENTS TO THE CLIENT AND 2) ANY LEGAL OR DISCIPLINARY EVENT RELATIVE TO THE CFP LICENSEE THAT IS MATERIAL TO A CLIENT'S OR POTENTIAL CLIENT'S EVALUATION OF THE CFP LICENSEE'S INTEGRITY OR ABILITY TO MEET CONTRACTUAL COMMITMENTS TO THE CLIENT. MERE COMPLETION OF A SUGGESTED DISCLOSURE FORM DOES NOT, IN AND OF ITSELF, CONSTITUTE FULL COMPLIANCE WITH THE CODE OF ETHICS DISCLOSURE REQUIREMENTS. THIS DISCLOSURE FORM GIVES
INFORMATION ABOUT THE CFP AND CERTIFIED FINANCIAL PLANNER LICENSEE
(S) AND HIS/HER OR THEIR BUSINESS. THIS INFORMATION HAS NOT BEEN
REVIEWED, APPROVED OR VERIFIED BY THE CFP BOARD OR BY ANY GOVERNMENTAL
OR SELF-REGULATORY AUTHORITY. THE CFP BOARD DOES NOT WARRANT THE
SPECIFIC QUALIFICATIONS OF INDIVIDUALS LICENSED TO USE ITS MARKS,
NOR DOES IT WARRANT THE CORRECTNESS OF ADVICE OR OPINIONS PROVIDED. Part I. RELATIONSHIPS WHICH REASONABLY MAY COMPROMISE THE CFP DESIGNEE'S OBJECTIVITY OR INDEPENDENCE: I am a Registered Principal with
SII Investments, Inc. and, as such, I I am an Investment Advisory Representative
with SII Investments, Inc. I am an insurance agent and am licensed
to sell life and health I work with insurance agents at Newman
Financial Services to sell Long Part II. MATERIAL INFORMATION
RELATIVE TO THE PROFESSIONAL RELATIONSHIP: A. Basic Philosophy of the CFP Designee in Working With Clients: My approach to personal financial
planning is to obtain from our clients significant financial and
other information including your attitudes, goals, and objectives;
to analyze the information obtained in order to develop alternatives
for your consideration; to educate our clients about the implications
of selecting a particular alternative; to implement the alternative
selected by the client; and to periodically update the plan adopted.
It is my goal to become your chief financial adviser and to coordinate
the efforts of your other advisers in your best interests. I want
you to be educated about your own financial affairs and to take
an active role in managing them. B. Philosophy, Theory and/or Principles of Financial Planning Which Will be Utilized: My philosophy of financial planning
is to gather adequate reliable information about a client's personal
financial situation; to determine the client's goals and objectives,
time horizon, and risk tolerance; to analyze all of the foregoing
information in an objective manner and to develop recommendations
for our clients based upon this thorough analysis and in the interest
of rendering disinterested advice. In a personal financial planning
engagement, I endeavor to consistently act in the interest of my
client and to place his or her interest ahead my own. Moreover,
I believe that a client should be both informed and proactively
involved in his or her personal financial affairs. C. Resume: 1. Educational background:
2. Professional/employment history:
3. Professional designations and licenses held:
4.Areas of competence and specialization:
D. Description of the Financial Planning Services to be Provided by the CFP Designee: (initial those applicable) ____ 1. Design of an investment portfolio
appropriate to your individual ____ 2. Retirement planning. ____ 3. Tax-advantaged investing. ____ 4. Estate planning. ____ 5. Risk management. E. Method of Compensation: Compensation will generally be earned in three ways:
F. Compensation Arrangements: 1. Source(s) of compensation
2. Referral Fees: None.
3. Contingencies or other aspects
material to the fee and/or commission
G. Agency or Employment Relationships:
H. Conflicts of Interest: I. Other Material Information Relevant to the Professional Relationship: 1. My broker dealer permits me to
sell only those securities products 2. Most of my business is referrals from clients, CPA's and attorneys. My NASD Central Registration Depository
(CRD) number is 1810378. The NASD can be reached at 1-800-289-9999
or www.nasdr.com . J. Information Required by All Laws Applicable to the Relationship: 1. State of Minnesota Financial Planner Disclosure Form 2. Form ADV Part II: SII Investments,
Inc. Advisory Services and Fees 3. Form ADV filed with the SEC K. Other Information: 1. David Peterson, CFP Part III. SUBSEQUENT DISCLOSURES (Disclosures required to be provided subsequent to establishing a client relationship) Changes in any of the following since
entering into a client Please complete the applicable item(s). 1. Business affiliation: I hereby acknowledge receipt of this required disclosure. _____________________ /______________ ______________________ /____________ I decline to receive the annual disclosure required to be made available to me unless there is a material change affecting my relationship with this CFP licensee or the services being provided to me. ______________________ / ______________ ____________________ / ____________ Securities and Advisory Services |