Which document confirms the client’s explicit consent to proceed with advised investments?

• A. KYC data
• B. Signed client acknowledgments and disclosures
• C. Investment policy
• D. Trade confirmations

Answer: (B)

Explicit consent to move forward with advised investments is documented through signed client acknowledgments and disclosures. This set of forms captures that the client has received, reviewed, and understood the recommendations, along with the associated risks, costs, and potential conflicts of interest. By signing, the client confirms agreement to proceed with the advisor’s plan, creating a formal record that supports both the client’s empowerment and the advisor’s regulatory and fiduciary duties.

KYC data verifies identity and helps assess suitability, but it does not memorialize the client's explicit consent to implement a specific investment plan. An investment policy outlines long-term guidelines or constraints for a client’s portfolio, not the act of consenting to a particular advised course of action. Trade confirmations document what was actually executed after a trade, not the prior agreement to proceed.