The President of the Financial Planners Associtation, Illinois Chapter discusses the process of financial planning. This is a fundamental overview of the steps in the planning process.
This program explores the fundamental aspect of the financial planning process. Mr. Gjertsen discusses what is financial planning, who needs financial planning, finding a financial planner and the process of developing a financial plan. This program focuses on the process. It is not designed to provide financial advice and does NOT review financial investment vehicles, bonds or securities.
In addition to reviewing when financial planning is needed, he reviews the 10 steps in the financial planning process including
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Committing to the Task
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Developing Goals and Setting Priorities
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Assessing Your Resources
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Determining What is Needed to Reach Your Goals
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Developing a Strategy for Each Goal
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Refining Your Goals
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Incorporating Your Strategies into an Overall Plan
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Listing and Scheduling Action Steps
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Putting the Plan Into Effect
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Monitoring and Evaluating Results
This program is designed to help the attorney identify when a financial planner will benefit their clients and how to determine the appropriate person to assist in the planning process. |
