Under the Investment Advisors Act of 1940, when a contract has provisions which state that services may be provided by means of written material, oral statements, statistical information which expresses no opinion, and that such statements do not purport to meet the needs of any specific individuals and accounts of the firm, this would be defined as:
[A] Trustee relationship
[B] Impersonal advisory service
[C] Custodian relationship
[D] Management relationship

The Investment Advisors Act of 1940 defines as Impersonal Advisory Services a contract that has provisions which state that services may be provided by means of written material, oral statements, statistical information which expresses no opinion, and that such statements do not purport to meet the needs of any specific individuals and accounts of the firm.

Impersonal advisory service are considered general information services, and do not require that investment advisors deliver Brochures that provide written disclosure statements.