A financial planning system is a step above a spreadsheet ... an optimum mix of inputs to achieve the goal (output). THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction requires ...

Financial planning is an ongoing process that involves coordinating the financial decisions of an individual or family. Financial planning helps you make informed choices that can increase your ...

Initially, there wasn’t much to define “financial planning” as such, including its mission and purpose. Was it a product delivery system or a fiduciary profession? Reasonable people thought ...

(October 6, 2003) The Financial Planners Standards Council (FPSC) is including a straightforward definition of financial planning as part of a draft practice standards document which has just been ...

Is it even possible to draw it? As I see it, we don't need a precise definition of "real" financial planning in order to identify real planners. Real planners follow a process that evaluates (with ...

A financial plan is strategic and focuses on long-term ... Before a company can manage itself strategically, it needs to define its objectives precisely, identify and quantify its available ...

The law should specifically define financial planning, and there ought to be hard-hitting penalties for compliance infractions. Many financial planners are doing right by their customers.