Financial Planning Process

 

6-Step Financial Planning Process*



  1. Establishing and defining the client-planner relationship
  2. Gathering client data including goals
  3. Analyzing and evaluating the client's financial status
  4. Developing and presenting financial planning recommendations and/or alternatives
  5. Implementing the financial planning recommendations
  6. Monitoring the financial planning recommendations


 

*As defined by Certified Financial Planner Board of Standards Inc. (CFP Board).