Financial Planner
Description of Services
The Financial Planning process seeks to help people use God-given resources to accomplish
God-given goals. In order to improve and increase the resources the Master has entrusted
to our care, the Financial Planner can assist in this life-long process in the following
ways:
1) Help people to identify the goals God has put in their heart to accomplish and
then quantify how much is necessary to accomplish them.
2) Motivate people to proactively take the steps necessary to reach a more desirable
future by making better use of existing resources and increasing cash flow margin.
3) Help people to stay on track and maintain their progress toward their pre-determined
goals, resulting in peace of mind.
The combination of the Financial Planner's expertise with the individual's faithful
stewardship should result in greater financial success as well as increased levels
of hope and faith. Hope, that they can do more in their current situation to achieve
higher levels of fruitfulness. Faith, that as they are faithful to steward what
they currently have, God will entrust more to their care.
The Christian Financial Planner can encourage those with abundant resources to determine
how much is enough for themselves and their family and to add an eternal perspective
to their stewardship with increased levels of charitable giving.
What to Expect from a Financial Planner
At a minimum, a comprehensive financial plan should include the six step process
as outlined by the Certified Financial Planning Board of Standards, Inc. which includes:
Establishing and defining the relationship with a client-- The
financial planning practitioner and the client shall mutually define the scope of
the engagement before any financial planning service is provided
Gathering client data--Determine the client's personal and financial
goals, needs and priorities. Obtain sufficient quantitative information and documents
about a client relevant to the scope of the engagement before any recommendation
is made and /or implemented
Analyzing and evaluating the client's financial status--Analyze
the information to gain an understanding of the client's financial situation and
then evaluate to what extent the client's goals, needs and priorities can be met
by the client's resources and current course of action.
Developing and presenting financial planning recommendations--Develop
the recommendation(s) based on the selected alternatives(s) and the current course
of action in an effort to reasonably meet the client's goals, needs and priorities.
Communicating adequately--Communicate the recommendation(s) in
a manner and to an extent reasonably necessary to assist the client in making an
informed decision.
Implementing the financial planning recommendations--Mutually agree on the implementation
responsibilities consistent with the scope of the engagement. Select appropriate
products and services that are consistent with the client's goals, needs and priorities.
Monitoring--Mutually define monitoring responsibilities.
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