There are many different definitions for the profession of a financial planner. The services that financial planners offer usually vary widely. Some financial planners look at every aspect of a client’s life and show the client how he or she can spend and save money more wisely. Other financial planners show clients where and how to invest money (“Financial planners,” 2008). Four of the major specialty areas of financial planners include major life changes, personal finances, investments, and business finances (“Financial planning association,” 2012). Because there are so many types of financial planners, the best definition would be anyone who provides financial advice, investment management, or brokerage deals in exchange for money (“How to become,” 2013)
A financial planner is there to help clients set realistic financial goals, assess the client’s financial health, develop a plan for the client to meet his or her financial goals, and meet with the client after the plan has been put into action so the planner can be sure that the client is making good progress. The client should bring all financial documents to a meeting with a financial planner so the planner can accurately judge the financial situation of the client (“Financial planning association,” 2012).
If a client is looking for a financial planner, he or she should be sure to research to find the type of financial planner he or she is looking for. Although it will take time, the right type of research will be worth the time because financial planners can save the financial lives of their clients. A financial planner’s job is to inform his or her clients about each decision. He or she will inform their clients about how each decision will affect them. The financial plan...
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References
Adams , S. (2010, September 21). How to become a financial advisor. Retrieved from http://www.forbes.com/2010/09/21/financial-advisor-jobs-employment-leadership-careers-career-change-10-advice.html
Financial advisor: salary. (2011). Retrieved from http://money.usnews.com/careers/best-jobs/financial-adviser/salary
Financial planners . (2008, August 20). Retrieved from http://www.sec.gov/answers/finplan.htmhttp://www.sec.gov/answers/finplan.htm
Financial planning association. (2012). Retrieved from https://www.fpanet.org/PlannerSearch/PlannerSearch.aspx
How to become a financial advisor (or planner). (2013, May 14). Retrieved from http://cashcowcouple.com/financial-planning/how-to-become-a-financial-advisor/
Personal financial advisors. (2010). Retrieved from http://www.bls.gov/ooh/Business-and-Financial/Personal-financial-advisors.htm
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