responsible for understanding the needs of a client as well as the client’s risk tolerance. Someone’s risk tolerance may change over time due to age, availability of resources or life changing events.
strategic in tax planning, estate planning and investment planning.
a sounding board for financial decisions, as well as other major life decisions that may have significant and unrealized financial implications.
responsible for encouraging a client to create a budget and be accountable.
responsible for reviewing the plan at least annually. If life changing events such as death, health issues, etc. occur, a review will be more frequent.
help logic prevail over emotions during volatile seasons in the market, or life in general.
