FAOC definition
Examples of FAOC in a sentence
If the Members elects to receive ongoing or periodic investment advisory services by entering into a Financial Planning Services Agreement, the Member (and now Client) will be charged $59 per session with the FAOC investment representative.
If the Client terminates or cancels the Financial Planning Services Agreement during the month and before engaging the consulting session, FAOC will refund the $59 consulting fee.
The Member understands that he or she may elect to utilize the advisory services provided by the Company’s subsidiary, FAOC, LLC (“FAOC”) by entering into a Financial Planning Services Agreement.
Should the Member make this election and enter into the Financial Planning Services Agreement, $20.00 of the Subscription Fee will convert into a “Financial Planning Fee” payable on a monthly basis by the Company to FAOC, LLC.