Getting organized, accumulating and protecting investments, and planning for the future.
The comprehensive analysis of an individual's or business' current financial condition, including sources of present income, net worth and expenditures; projection of finances into the future; budget guidelines; and use of financial investments, such as stocks, bonds and insurance, retirement plans, etc., to achieve financial objectives and the eventual transfer of assets to designated heirs.
Process of providing a client with impartial assistance in analyzing and organizing their financial affairs to achieve a financial goal or outcome.
detailed planning covering the financial resources required for the business including the financial plan.
Setting short-, medium-, and long-range goals; then collecting and analyzing income and expenditure information to determine how to meet one's goals.
Comprehensive strategy to integrate an individual’s or family’s financial goals, including risk management, investments, tax planning, retirement planning, and estate planning.
Setting out financial goals, assessment of income, expenses, assets, liabilities, pension and insurance position and forward planning investment and financial decisions to meet such goals, with the assistance of a professional financial planner.
Process of creating a strategy for the future, which involves identifying goals, monitoring expenses and saving or investing money.
It covers the essential elements of a person’s financial affairs and is aimed at achieving a person’s financial goals.
A comprehensive investment strategy that integrates an investor's goals and objectives.
The process of setting future goals and acting in a manner that accomplishes them. Financial planning is never the products sold. It is the act of mapping out a financial plan. p 138
Financial planning is assessing your business' financial situation, determining its objectives and formulating financial strategies of how to achieve them. Financial planning should become a continuous activity where the plan is reviewed regularly and performance measured against specific devised targets.
The process of setting financial targets and drawing up measures (e.g. budgets) for achieving these targets within a specified timeframe.
The process of setting financial goals, and producing plans (e.g. budgets) to achieve those goals.
The process of establishing financial goals and developing an action plan to achieve them. The financial planning process includes all aspects of personal finance including managing cash flow, insurance, investing, taxes, and retirement and estate planning.
A process in which an individual sets long-term financial goals through investments, tax planning, asset allocation, risk management, retirement planning and estate planning.
Creating a plan with stated goals and objectives pertaining to the current and long-term investment needs of the individual.
The process of assessing your financial situation, determining your objectives and formulating a plan to achieve them.
The process of providing comprehensive advice and assistance to a client for the purpose of meeting a client's financial needs and life goals. The process normally includes six steps: data gathering, goal setting, identification of financial issues, preparation of written options and recommendations implementation of the client's decision, and periodic review and revision of the plan.
The process of providing comprehensive and reliable advice and assistance to a client in order to satisfy their financial needs and life goals. The process normally includes six steps: data gathering, goal setting, identification of financial issues, preparation of written options and recommendations implementation of the client's decision, and periodic review and revision of the plan.
One of nine areas of work within the Mentor Program. It refers to the process of providing comprehensive assistance and support in meeting a client's financial needs and goals, across varying situations and changing contexts.
An integrated process that focuses on determining the client's total financial objectives, prioritizing those objectives, then designing, implementing, and monitoring a plan to achieve them.
A coordinated process for identifying, planning for, and meeting goals related to financial needs for individuals, families, and small businesses.
(1) The consideration and evaluation of the financial consequences of alternative economic choices and the rearrangement of your financial affairs in light of those considerations. (2) The design of an investment program for the purpose of achieving one or more specific financial goals, such as the creation of a college fund for children or grandchildren, the purchase of a home, or the establishment of a retirement nest egg.
The process of evaluating the investing and financing options available to a firm. It includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against that plan.
The development and implementation of total coordinated plans for the achievement of one's overall financial objectives.
The process of a client setting out goals for the future with regards to finance, and then receiving advice from a Financial Planner as to ways these goals can be met.
Planning one's finances in order to achieve financial security and independence. Planning areas include. tax, retirement, risk protection,estate, investment, and cash management.
Financial Planning is the task of determining how a business will afford to achieve its strategic goals and objectives. Usually, a company creates a Financial Plan immediately after the vision and objectives have been set. The Financial Plan describes each of the activities, resources, equipment and materials that are needed to achieve these objectives, as well as the timeframes involved.