Schw Vol. 2 1PM exam

I thought this was a terrible question overall, but re: notification of changes in style/strategy, I don’t get how client could be notified “in advance.” The vignette says that the client gets notified immediately by phone or email “any time mkt conditions dictate a change in the style/strategy of the client’s portfolio.” Client is called as soon as conditions suggest change. How can you give notice more in advance than that? It doesn’t read as though client would be called after changes were implemented. …Am I reading this wrong?

sorry, forgot to add this is for Q#14.1

yup. i was right. going to errata.