Every body has dreams, dreams for themselves, dreams for their families, To fulfill these one needs to back up earnings by investing wisely. Most people work hard and earn money but when it comes to financial planning and actually going ahead with it they don't care much. Every one is different, so every one has different financial goals.
You may have come across the term 'Financial Planning' and wondered what it means. You may have decided work on your own Financial plan but you're not sure how. Or you may feel it's time you went to a Financial Planner for some professional advice. Whatever your situation, the following information can help you decide what's right for you.
This section explains Financial Planning and its benefits. It describes what you should expect and highlights the importance of your role in the Financial Planning process. The answers to some common questions about Financial Planning are also provided.
These six modules, in-depth curriculum provides equal emphasis on all financial disciplines, including the financial planning process, risk management, investment planning, tax planning, retirement planning and estate planning. The program is practical and client-based, incorporating real-life situations that promote immediate professional application.
[...] The job analysis was part of a comprehensive Syllabus Review developed by FPSC to keep the Professional Proficiency Examination leading to the Certified Financial Planner® designation relevant to the knowledge and skills planners use in their current practice. Over 300 CFP professionals across the country, constituting a representative sample, were asked to rate specific topic areas in a revised draft syllabus for depth of knowledge and frequency of application relative to their current practice. They were asked to respond as "someone who does not have a specialized practice, but rather someone who provides a comprehensive range of financial planning services without supervision." "This type of comprehensive field-based survey is fundamental to the ongoing process of setting standards that are relevant to that which practitioners are actually called upon to do in their daily practice,'' says FPSC President, Don Johnston. [...]
[...] It describes what you should expect and highlights the importance of your role in the Financial Planning process. The answers to some common questions about Financial Planning are also provided. What is Financial Planning? Financial Planning is the process of meeting your life goals through the proper management of your finances. Life goals can include buying a house, saving for your child's higher education or planning for retirement. The Financial Planning process consists of six steps that help you take a 'big picture' look at where you are currently. [...]
[...] The module is comprehensive and provides complete overview of the financial planning process, a review of all the financial products and instruments, as well as a review of the legal, ethical and regulatory issues affecting financial planning. Module Risk Management and Insurance Planning The transfer of risk through the use of insurance is a principal method of handling risk exposures. This module examines the principles of risk management and insurance to identify a client's risk exposures and to select appropriate risk management techniques. [...]
[...] The Benefits of CFPCM Certification T he Certified Financial Planner (CFPCM) and Certification marks are the most recognized Financial Planning marks in the world. Unlike an educational designation offered by a college or university, CFPTM Certification is based on independently established public interest standards. As a result, it prepares you for a career-long commitment to meeting the ever-changing needs of your clients. Examples of the benefits of CFPTM Certification include: Your Expertise and Credibility as a Financial Planner is instantly Communicated. [...]
[...] CFPTM Board research shows that clients of CFPCM Certificants are more satisfied than the clients of other financial advisers and are interested in a broader range of financial advice. CFPCM Certificants often become involved with many aspects of their clients' lives and help multiple generations of the same family. Most CFPCM Certificants use a comprehensive approach to problem solving and communication that better prepares them to meet and anticipate client needs. Because CFPCM Certificant make recommendations based on their clients' needs, the typical client relationship for a CFPCM Certificant lasts many years. [...]
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