New York City

The Financial Planning Process

The traditional Financial Planning process consists of the following six steps:

  1. Establishing and defining the client-planner relationship.

  2. Gathering client data and establishing goals.

  3. Analyzing and evaluating your financial status.

  4. Developing and presenting financial planning recommendations and/or alternatives.

  5. Implementing the financial planning recommendations.

  6. Monitoring the financial planning recommendations.