Matter of Trust
planners deal with one of the most personal and sensitive
aspects of your life: Personal financial security.
a result, trust is at the heart of a financial planning relationship
- trust in the planner’s competence, integrity and objectivity,
and trust that the planner will act first and foremost in
your best interests.
summary is meant to help you make a decision about using a
financial planner and describe the high standards of conduct
you can expect from a Certified Financial Planner licensee.
Click here to learn more about the “CFP” mark which identifies individuals
who are dedicated to the highest level of professionalism
in providing financial planning advice.
planning involves determining how individuals, business professionals,
and owner/managers can meet their life goals through proper
management of their financial resources. This broad-based
approach to providing financial advice distinguishes financial
planning practitioners from other professional advisors who
typically focus on only one area of a person’s finances.
Security Through Financial
well designed financial plan will help you reach your personal
financial goals and objectives and give you a greater sense
financial planning focuses on you as an individual, business
professional, or owner/manager, — bringing together all the
financial and psychological factors that have an impact on
people call themselves financial planners, but the true professional
financial planning practitioner uses the Total Financial
Planning Process, which is made up of six distinct steps.
a client—planner engagement
client data and determining goals and expectations
- Clarifying the client’s present financial status
and identifying problem areas and opportunities
and presenting the financial plan
the financial plan
- Monitoring the financial plan
more about the six steps click here
The information contained in this commentary is designed
to provide you with general information only, and is not intended
to be comprehensive advice applicable to the circumstances
of any individual. We strongly urge you to seek professional
assistance before acting upon information included herein.