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Farewell Letter To Clients
"I need a Farewell Letter to Clients for my financial advisory practice in Riyadh, as I'm retiring and transferring my client portfolio to my successor effective March 15, 2025; the letter should emphasize my 20-year relationship with clients and introduce my replacement advisor."
1. Date and Address Block: Current date and proper business letter formatting with client's address if being sent physically
2. Greeting and Opening: Professional salutation and opening that personalizes the letter to the specific client
3. Announcement of Departure: Clear and direct statement about leaving the organization or closing the business
4. Expression of Gratitude: Acknowledgment of the client relationship and appreciation for their business
5. Transition Information: Details about what will happen next, including last day of service/operation
6. Future Arrangements: Information about who will handle their business going forward
7. Contact Information: New contact details or reference to who they should contact in the future
8. Closing: Professional closing with appropriate sign-off and signature block
1. Reason for Departure: Brief explanation of the departure if appropriate and beneficial to share
2. Historical Reference: Brief mention of significant milestones or length of relationship, useful for long-term clients
3. Specific Project Status: Update on ongoing projects or transactions, if applicable
4. Handover Process: Detailed transition plan for complex client relationships
5. Future Business Opportunities: If maintaining professional contact is desired and permitted by any non-compete agreements
6. Islamic Business Ethics Statement: Reference to Islamic business principles if relevant to the business relationship
1. Contact Information Sheet: Detailed list of new contact persons and their roles
2. Transition Timeline: If the transition is complex and requires multiple steps
3. Outstanding Matters List: Summary of any pending matters or projects that need attention
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