Financial Planning Principles Process

Front 1

Financial planning

Back 1

The process of determining whether and how an individual can meet life goals through the proper management of financial resources.

Front 2

Six Steps of Financial Planning Process

Back 2

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 fmancial planning recommendations; and
6.Monitoring the fInancial planning recommendations

Front 3

professional practice standards

Back 3

establish a level of professional practice among CFP Board designees.

Front 4

comprehensive financial planning

Back 4

process of helping clients achieve multiple financial goals and objectives through the application and integration of synergistic personal finance strategies

Front 5

Goal

Back 5

is a more global statement of a client's personal
or financial purpose