Monday, October 15, 2012
- A financial planner might want to consider asking a new client their goals in seeing the financial planner. If a financial planner understands the goals of the client, they can tailor their advice to their client's particular needs.
- The planner might also want to ask about the financial situation of the client, his or her current assets, and if the client expects his or her income to change.
- In addition to the assets and income of a client, a financial planner might want to ask about whether the client has a formal household budget that he or she follows.
- Fourth, a financial planner might want to ask the client how involved the client wants the financial planner to be involved.
- Finally, a financial planner needs to discuss the fees that the client needs to pay and how the fee payment would be structured.
See Jacoba Urist, Five Questions a Financial Planner Should Ask You, Life Inc., Today Show, Oct. 14, 2012.