Planners Adjust to Evolving Recession

Nelson, Christina
June 2009
Journal of Financial Planning;Jun2009, Vol. 22 Issue 6, Special section p9
Academic Journal
The article offers information on the survey conducted by the Financial Planners Association (FPA) regarding the impact of recession on financial planners in the U.S. Result reveals that the amount of time spent by financial planners increased during the height of market collapse in October 2008. Majority of respondents stressed that they spent the same amount on technology, staff, compliance, and continuing education, while 73% of them paid more on client communication and 52% on marketing efforts.


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