TITLE

The Reality of Responsibility

AUTHOR(S)
Finley, Daniel C.
PUB. DATE
September 2010
SOURCE
Journal of Financial Planning;Sep/Oct2010 Practice Management, p20
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article looks at the responsibilities of a financial planner in investment planning in a volatile market. It reveals that taking a full responsibility for keeping in contact with clients during volatile times via letters, e-mails, voicemails, phone conversations and in person is necessary because clients are more likely to leave their financial adviser for lack of communication than for lack of returns. It also notes that the boundaries of responsibility lie in giving clients a recommendation, not for clients taking the recommendation.
ACCESSION #
53898450

 

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