Reference no: EM132153835

Topic: Client Interaction

Language Style: English (U.S.)

Write a short fictional example of a client interaction with a planner on a topical plan within one of the areas of financial planning.

(Remember that a topical plan addresses a single area from general principles, investments, insurance, retirement, tax or estate planning.

It is not a "comprehensive" financial plan.) (Use Investments for this essay)

A successful paper will briefly present each step of the process from establishing relationship to monitoring on whatever topic is selected, following the "EGADIM" steps correctly in order: Establish, Gather, Analyze, Develop, Implement and Monitor.

Common language accessible to a retail client should be employed.

Fictional example of client/planner interaction written should follow the financial planning process of "EGADIM." (Establish, Gather, Analyze, Develop, Implement and Monitor.)

Written example is for a topical rather than comprehensive plan. To the extent possible it should address the area of financial planning chosen such as an Investment or Insurance focused topical plan.

Language employed should be accessible to a retail client with minimal experience and for the purpose of this assignment able to be conveyed verbally without external charts, graphs or references.

Please provide a summary of the essay.