Ongoing Client
Financial planners and advisors must regularly review their clients financial plans to ensure they remain aligned with their goals and objectives. This involves monitoring the client’s financial situation and making adjustments to the plan as necessary.
As part of the ongoing review process, financial planners and advisors must also provide ongoing advice and support to their clients. This may include answering questions, providing guidance on financial decisions, and helping the client navigate changes in their financial situation.
In addition to providing ongoing advice and support, financial planners and advisors must also keep their clients informed about any changes to the financial landscape that may affect their financial plan. This may include changes to tax laws, market conditions, or investment options.
Curriculum
- 3 Sections
- 15 Lessons
- 10 Weeks
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- Progress Meeting Pre-workThe progress meeting pre-work is an essential part of the ongoing review process in financial planning. By gathering all relevant information and preparing for the meeting in advance, financial planners and advisors can provide their clients with comprehensive and effective advice and support, and help them achieve their financial goals over the long term.9
- Post-Review MeetingAfter the review meeting, the financial planner or advisor may need to prepare various forms and documents to implement any changes to the financial plan. This could include updating the client's personal information, revising the investment strategy, adjusting the insurance coverage, and so on.2
- Advice ImplementationAfter reviewing the client's financial plan and discussing any necessary adjustments or changes, the financial planner or advisor will work with the client to implement the advice.4