The Financial Planning Process
Step One:
Understand the client’s current position.
Step Two:
Define the client’s future needs and objectives.
Step Three:
Identify and agree on problems that will prevent the client from reaching their objectives.
Step Four:
Develop strategies and a plan for the client to achieve their objectives.
Step Five:
Implement the strategies detailed in the client’s plan.
Step Six:
Manage the client’s progress towards their objectives.
