CRI Attest Client includes : audit, review, compilation, agreed-upon-procedures and SOC (System and Organization Controls audit)
If CRI has any of these engagements with an entity client (or related entity) Level Four cannot:
- Act as a discretionary 3(38) investment manager for retirement plans of the entity
- Provide discretionary advisory services to an account owned by the entity (or related entity)
- Receive commissions for any product that will be owned by the entity (or related entity)
- Level Four is also prohibited from serving as the retirement plan advisor to clients where CRI is performing the 401(k) audit