Helping Clients Assess and Improve Their Financial Life Webcast | 4153080A

Date :
December 9, 2015 12:00 PM - 1:00 PM
Location :
Webcast
Level of Difficulty :
Update
Member Price :
0.00
Nonmember Price :
94.00
CPE Credits :
CPE 1.00
Show tabs

Comprehensive financial planning involves the examination of virtually all aspects of a person’s financial life: earning and spending, risk management and insurance, tax planning, investments, and estate planning. In many ways, the most important service a CPA financial planner can offer is to provide questions rather than answers: the most serious financial crises are usually the result of unexpected events rather than risks that the person recognized. This assessment process can lead to other billable services with or without providing financial planning services or simply an informal coaching opportunity with your clients.

Objectives:

  • How to use a “report card” assessment tool to summarize a client’s financial situation;
  • Benefits of conducting interviews with new clients and sample assessment questions to assign client 
  • Ways to motivate clients to take action to improve their score and periodically review client progress.

Major Subjects:



•         Understand
the need for a rigorous discovery process in Integrated Personal Financial
Planning


•         Learn how to
apply Statement on Standards in Personal Financial Planning Services


•         Understand
how to create a “strategic” Financial Plan which enables clients to reach their
financial goals


•         Identify the
basic elements of an Integrated Financial Plan          


•         Learn how
strategic tax, estate, and charitable planning provide the client with asset
protection


•         Learn how to
create strategies and opportunities to work with the client’s other advisers

Advanced Prep:

None

Misc. Information:

Comprehensive financial planning involves the examination of virtually all aspects of a person’s financial life: earning and spending, risk management and insurance, tax planning, investments, and estate planning. In many ways, the most important service a CPA financial planner can offer is to provide questions rather than answers: the most serious financial crises are usually the result of unexpected events rather than risks that the person recognized. This assessment process can lead to other billable services with or without providing financial planning services or simply an informal coaching opportunity with your clients.

Level of Difficulty:
Update
Field of Interest:
Specialized Knowledge and Applications
Prerequisites:
None
Designed For:
CPAs, CFPs and tax preparers who want to incorporate personal financial planning into their practice.

Instructors

Brooke A Salvini, CFP, CPA
Brooke Salvini is the Principal of Salvini Financial Planning a fee-only Register Investment Advisory Firm in San Luis Obispo Avila Beach, CA. Brooke specializes in comprehensive financial planning with the goal of helping her clients make better financial decisions in all areas of their lives. Brooke holds the Personal Financial Specialist designation which is available only to CPAs. She serves on the CalCPA State Committee for Personal Financial Planning, the CalCPA Foundation Investment Committee, and as a Trustee of her local Avila Beach Community Foundation. She has been quoted in many publications including; CNN Money, Kiplinger’s Personal Finance, Wall Street Journal, Baltimore Sun, and was a contributing author to Investing in an Uncertain Economy for Dummies. Brooke worked at Deloitte, Haskins, & Sells, Nissan Motor Corporation, and is a graduate of the Accounting program at Pepperdine University.
No Agenda or Materials posted.