Which item is typically included to capture the client's stated objectives?

• A. KYC data
• B. Stated objectives
• C. Risk register
• D. Compliance calendar

Answer: (B)

Capturing a client's stated objectives means documenting the goals, time horizons, liquidity needs, and constraints the client explicitly describes. This is typically recorded in a dedicated section or form labeled as stated objectives, which becomes the compass for tailoring a plan and recommendations. The stated objectives item is best because it directly reflects what the client wants to achieve rather than just who the client is or regulatory tasks. KYC data focuses on identity and financial profile, not goals; a risk register tracks potential risks to the plan; a compliance calendar tracks regulatory deadlines. For example, a client's goal to retire at 65 with a $60,000 annual withdrawal clearly belongs in stated objectives and guides the asset mix, withdrawal strategy, and insurance needs.