Why Would a Financial Planner Want or Need to Work

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The Answer is Financial planning encompasses a wide breadth of content knowledge. While the typical planner understands the key concepts and strategies across the content disciplines, he or she may not specialize in a given area of need for the client. For example, the planner might offer holistic financial planning and specialize in asset management. It makes sense in this situation to refer the client to a financial professional who specializes in income tax preparation. In some situations, law dictates that another professional be consulted. If the planner is not a licensed attorney, then the client would have to be referred to a qualified attorney who would draw up the estate planning documents and set up the trusts.

Why Would a Financial Planner Want or Need to Work

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