In May, London branch invited Richard Allum CFP^CM to give his perspective on Financial Planning.
Running a successful outsourced Paraplanning company gives Richard an unprecedented insight into the differences between good and excellent Financial Planning.
Drawing on the best practices he sees from firms that he works with, he explained that Financial Planning was changing. The dry fact-finding questions that he saw being used five or more years ago are being replaced and added to with many more lifestyle questions.
There seems to be a widespread use of lifestyle planning techniques from people like Bill Bachrach, George Kinder and Dr. Maria Nemeth, which are positively shaping the delivery of the financial process and the lifestyle outcomes.
Branch chairman Dennis Hall said: "It wouldn't be a Financial Planning presentation without reviewing the tools available and Richard has experience of most, as well as developing his own; MoneyScope. It's very much horses for courses according to Richard and will depend to a large extent on who you advise as complexity invariably brings cost."