Financial planning should cover all areas of the client’s financial needs and should result in the achievement of each of the client’s goals. The scope of planning would usually include the following:and Insurance Planning

Risk management

Managing cash flow risks through sound risk management and insurance techniques

Investment and Planning Issues

Planning, creating and managing capital accumulation to generate future capital and cash flows for reinvestment and spending

Retirement Planning

Planning to ensure financial independence at retirement including 401Ks, IRAs etc.

Tax Planning

Planning for the reduction of tax liabilities and the freeing-up of cash flows for other purposes

Estate Planning

Planning for the creation, accumulation, conservation and distribution of assets and Liability Management

Maintaining and enhancing personal cash flows through debt and lifestyle management

Relationship Management

Moving beyond pure product selling to understand and service the core needs of the client

Education Planning for kids and the family members