TITLE

Common Client Mistakes

PUB. DATE
October 1997
SOURCE
Journal of Financial Planning;Oct97, Vol. 10 Issue 5, p17
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on a survey which investigates on the mistakes made by consumers when approaching the financial planning process. The survey was conducted by the Institute of Certified Financial Planners (CFP) Board of Standards Inc. The CFP Board surveyed 30,000 CFP licensees and found the following: 70% do not set measurable financial goals; 70% make financial decisions without understanding the effects on other financial issues; 65% confuse financial planning with investing; 50% think financial planning is only for the wealthy; 34% expect unrealistic investment returns.
ACCESSION #
9712013871

 

Related Articles

  • A Tribute to Dave and Pete. Walker, Lewis J. // Journal of Financial Planning;Oct93, Vol. 6 Issue 4, p153 

    The article presents information on the art of studying the future trends. The article pays tribute to two friends Dave King and Peter Hoffman, early pioneers in the field of financial planning. He caught the vision that led to the creation of a professional certification, the Certified...

  • Dates to Remember.  // Journal of Financial Planning;Jun99, Vol. 12 Issue 6, p12 

    The article presents a schedule of congresses and conventions related to the financial planning profession in the U.S. The annual conference of the Certified Financial Planners (CFP) will be held in Dallas, Texas on July 7-11, 1999. The CFP Masters Retreat will also be held at the Lodge at Squaw...

  • ICFP Members Endorse Merger With IAFP. Murray, M. Christian // National Underwriter / Life & Health Financial Services;6/7/99, Vol. 103 Issue 23, p4 

    Discusses the vote of the Institute of Certified Financial Planners' members on its merger with the Association for Financial Planning. Result of the vote; Effectivity of the merger; Main objective of both groups.

  • Dates to Remember.  // Journal of Financial Planning;Jun99, Vol. 12 Issue 6, p12 

    The article presents a schedule of congresses and conventions related to the financial planning profession in the U.S. The annual conference of the Certified Financial Planners (CFP) will be held in Dallas, Texas on July 7-11, 1999. The CFP Masters Retreat will also be held at the Lodge at Squaw...

  • Who will steer the profession? Gentile, Gary // Financial Planning;Sep98, Vol. 28 Issue 9, p45 

    Provides information on the merger plan between the International Association for Financial Planning (IAFP) and the Institute of Certified Financial Planners (ICFP). Speculation on the reason behind the plan; Functions of the proposed association; Implications of the merger.

  • Unifying the voices of financial planning. Rojeck, Rich // Financial Planning;Sep98, Vol. 28 Issue 9, p206 

    Discusses the plan of the Institute of Certified Financial Planners (ICFP) and the International Association for Financial Planning to create a new organization. Mission of the proposed organization; View of the ICFP and IAFP on establishing universal acceptance of the need for and value of...

  • What The Future Holds For NAPFA. Longo, Tracey // Financial Planning;Aug99, Vol. 29 Issue 8, p75 

    Focuses on the future of the National Association of Personal Financial Advisors (NAPFA) amid the merger of the Institute of Certified Financial Planners (ICFP) and the International Association for Financial Planning (IAFP). Number one concern of NAPFA; Comments from Gary Schatsky, chairman of...

  • Local FPA Chapter Mergers Ahead of Schedule.  // Financial Planning;May2001, Vol. 31 Issue 5, p22 

    Looks at the merger of International Association for Financial Planning and the Institute of Certified Financial Planners. Factor which contributes to the success of the merger; Reasons for the resistance of some members to the merger; Information on how the association conducts its meeting. ...

  • Dropping neutral stance, IAFP endorses CFP mark. Braham, Lewis // Financial Planning;Nov97, Vol. 27 Issue 11, p18 

    Reports on the International Association for Financial Planning's (IAFP) endorsement of the Certified Financial Planner designation. Planning associations' debate over designations; Public's greater satisfaction with CFP designees than planners without the mark; Institute of Certified Financial...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics