Reflections on Financial Planning: A Journey Through the Evolving Landscape! πŸŒ±πŸ’Ό

RachelSeton_CFFP
RachelSeton_CFFP CFFP Faculty & Instructors Posts: 125
edited March 20 in Financial Planners Professional Community

Hey, faculty! πŸŽ“βœ¨ It’s time to reflect on how far the financial planning field has come – and we want to hear YOUR take on it! Over the years, you've seen trends change, tools advance, and the entire industry shift in unexpected ways. πŸŒπŸ’‘

πŸ”Ή Tech Tools: From paper-based planning to AI-powered financial software, how have innovations changed your approach? πŸ“ŠπŸ’»
πŸ”Ή Client Expectations: How have client needs and expectations evolved since you started? πŸ€”πŸ’¬
πŸ”Ή Industry Challenges: What major hurdles have you encountered, and how has the industry adapted to overcome them? πŸ’ͺπŸ“ˆ
πŸ”Ή Personal Growth: How has your perspective on financial planning changed throughout your career? 🀝🌟

Your insights will inspire students and emerging professionals to embrace change and navigate their careers with confidence. Comment below with your thoughts! β¬‡οΈπŸ’¬

@DavidMannaioni_CFFP @CindyRiecke_CFFP @GaryClement_CFFP @SaraStolbergBerkowicz_CFFP @JoeKrupka_CFFP @MikeHarris_CFFP @AmanSunder_CFFP @TomRobinson_CFFP @BarclayRoper_CFFP @CindyShnaider_CFFP @ToddFeldman_CFFP @KhurramNaveed_CFFP

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  • SaraStolbergBerkowicz_CFFP
    SaraStolbergBerkowicz_CFFP CFFP Faculty & Instructors Posts: 21

    Moderator

    🚨

    One of the biggest changes I've seen in the last 30 years (yikes!) has been the recent focus on client psychology and communications. That was never even mentioned in the past. Now, evidence has substantiated the old claim, "you can lead a horse to water but you cannot make him drink." What good is it to create the world's most perfect financial plan, if the client won't implement it? Learning about behavioral finance, client psychology, and communication skills benefits financial planners by increasing their clients' satisfaction, retention, and assets under management. Contact me to learn more!

  • Joseph10585602
    Joseph10585602 CFFP Faculty & Instructors Posts: 1

    Today a lot of communication is done via email, zoom and texting and not as much face to face meetings. The face to face meeting skills are most important to the client relationship. The industry of financial planners have seen how these technology tools make it easy to communicate in a way that reduces the personal aspect of the client relationship. I see the new generation of financial planners lacking the desire for learning and working on the face to face skills. These face to face skills, though technology is not going away but increasing in our space, should be reevaluated as an important critical skill to explore.

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