By Mukesh Dedhia, CFP
In India, about 10 or 20 years ago, if you were lucky enough to have a relative who was an insurance agent, your family would receive financial advice. With growing complexity in financial products, more people started looking for somebody to help them make the right decisions.
Continue reading Trends in the Financial Planning Industry
By Steve Helmich
All of you know and hopefully love the 6 stage advice process. It’s what financial planning is built on – the foundation of great advice. It is familiar, reliable and structured – as a planner you can manage your time and your business because you know where you stand. But what about your clients?
Continue reading How do Clients Feel During the Financial Planning Process?
By Sunho Kim, CFP
An outsider would think that numbers are everything to financial planners. The number of clients they have and the size of their asset fund are examples of metrics for financial planners. Financial planners choose clients based on their income and assets.
Continue reading Financial Planning is More Than Numbers
by Jaeyoung Yang, CFP
I would define a financial planner as a professional who assists their clients and their clients’ families in living a rewarding and fulfilling life without financial difficulty and conflicts. Unlike other professionals, financial planners perform the job of planning lives. Specifically, what values and characteristics differentiate financial planners from other professionals?
Continue reading Differentiating Characteristics of Financial Planning
By Mark DiGiovanni, CFP
Anyone who has ever taken a psychology course is familiar with Maslow’s Hierarchy of Needs. Abraham Maslow developed his theory in 1943. The hierarchy of needs, in ascending order, is:
Continue reading How Maslow’s Hierarchy of Needs Applies to Financial Planning
By Martin Iglesias, CFP
Brazil has in recent years had an enormous growth in the number of people enrolled in universities. The most important impact of this growth takes place in individual terms, since people who now have access to advanced studies end up with possibilities they would not have had before.
Continue reading Financial Education in Universities: Why Not?
by Jaeyoung Yang, CFP
The work of financial planning requires a financial planner to have professional knowledge in varied fields. It is, of course, not an easy matter for one individual to acquire all of the professional knowledge necessary for financial planning. In addition, financial planning is not so much a theoretical science but a practical one, with shorter history than such sciences as economics, business management, and psychology.
Continue reading A Well-Rounded Education is the Key to Financial Planning