An investment adviser's Form ADV Part 2 (the 'brochure') primarily serves which purpose?

Giải thích

Form ADV Part 2, the brochure, is a plain-English disclosure document that describes the adviser's business, services, fee schedule, conflicts of interest, and disciplinary history for clients and prospective clients. It must generally be delivered before or at the time an advisory agreement is entered. It is central to the adviser's disclosure obligations.