Aug 24, 2018
Learn how there are fewer
companies on the stock exchange than their used to be and why to be
aware of that. We also go over the six steps to financial
Main Questions Asked:
What should I expect from my
What are my financial goals and
why should I share them with my advisor?
Will I get help implementing my
new recommended financial plan?
Key Lessons Learned:
How There Are Fewer Companies to Invest in Than There
Used to Be
are fewer companies than there used to be traded on our US
exchanges. The market is about half of its peak in the
- Certain companies are having a bigger impact on
the market index. Take out Apple, Google, Facebook, Microsoft and
the market would be flat.
need to be careful. These companies have a larger impact than they
The 6 Steps of Financial Planning
- Establishing and defining the client planner
relationship. The client should understand what the relationship
will look like. The planner defines how often we review, adjust,
and how you measure things.
- Gathering client data and including goals.
Sometimes this doesn’t happen. We want to know what your concerns
are and what your goals are. It is important to know these things
at the beginning of a relationship.
- Analyzing and evaluating the client's current
financial situation. This is important to make sure that goals and
current plans align. These need to be discussed with your
- Developing and presenting recommendations for
your client to access. This process takes time and is developed
after your analysis. This is important to take time creating the
plan and walking the client through the
- Implementing the recommendations. Some planners
just present the recommendations. Clients need to be coached and
persuaded to implement their plan.
- Monitoring those recommendations. Once these
recommendations have been implemented they need to be monitored,
because any plan may need adjustments.
Links To Resources Mentioned
Money Map Retirement
Fewer Listed Companies: Is That Good or Bad for
Stock Market Is Shrinking. That’s a Problem for
Thank you for