A financial planner is able to review your current financial solution, look at you available resources, and help determine your goals and objectives. From the information collected and analyzed, the planner will be able to develop an appropriate financial plan that suits your investment goals and objectives while satisfying your current financial state.
A broad overall picture of a client’s position is critical to the success of a financial plan.
- Professional Advice
- Understand where you are financially, and where you want to be
- Learn what you need to achieve your goal
- Follow-up to ensure goals are being met
In today’s fast changing world, attempting to stay on top of all the changes is difficult. Government cutbacks in financial support systems, corporate downsizing, and economic uncertainty are forcing people to look after their own financial future. People are finding that increasingly, expert assistance is necessary to help them make sense of and cope with these changes. As well, as suggesting areas where they can invest their financial resources so that financial security can be assured. This is where financial advisers are able to step in and offer assistance.
What is Financial Planning?
Financial planning is the business of providing a person with a plan recommending strategy and designed to help one achieve the all encompassing financial goals that have been set. It involves a process that, assesses a person’s present overall financial situation, a statement of estimated net worth, cash flow and cash position, a description of current investment and insurance programs, a statement of estimated estate tax computations and other relevant statements. Recommendations towards meeting short and long term living goals and objectives, the reduction of tax liability and the maximization of personal savings, retirement and estate planning problems and possible solutions. The planner will provide expert advice and will also review and update the plan and provide on going consultation as a client’s situation dictates. The plans will be adjusted to fit any changes in the clients lifestyle.
Why Deal with a CFP?
The CFP (Certified Financial Planner) designation means that your planner has met and adheres to the requirements of the Financial Planners Standards Council for education, examinations, experience and professional ethics. These rigorous requirements mean that the CFP designation is internationally recognized as representing the highest standard in financial planning. A planner with this designation is able to bring a wide degree of experience in developing a practical successful financial plan for you.
Mr Azam Abu-Saud, as a Certified Financial Planner, is proud to be able to offer his clients the professional skills and knowledge the designation represents, and to provide service consistent with the standards of the profession. Working as a team a successful plan will be created.
|Financial Planning is the process of meeting the goals of your life through the proper management of your financial resources.|