Viewpoint: Financial Plans Are Not Comprehensive; Financial Planners Are Not Fiduciaries

September 2006
Journal of Financial Planning;Sep2006, Vol. 19 Issue 9, p18
Academic Journal
This article offers the author's opinion on what defines those who work in the financial planning industry. The debate on what financial planners should be called is irritating to the author as he states that the definition will reveal itself in the work that the planner does with the client. He also calls into question some of the more specific titles being debated and the name of the kind of work that they do; if someone offers a "comprehensive" financial plan, how can one be sure it really is comprehensive. As the author has a J.D., he is sure that he can offer a more "comprehensive" plan than others, but he is just as happy with the financial planner title.


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