It empowers you to provide premium-fee planning services to your existing client base and attract new clients who want the peace of mind that comes with a financial plan covering cash flow, insurance, education, investments and estate planning while mapping out a path to a comfortable and secure retirement.
This Guide contains over 250 time-saving practice aids (forms, checklists, client letters, worksheets, and client handouts) providing the in-depth guidance even the most experienced planner needs to complete a complex planning engagement.
The system design is guided by flexibility and is effective for planners that provide fee-only, commission-only, or fee plus commission services. The PPC PFP system empowers you to provide premium solutions on topics ranging from cash flow, insurance, and education planning, to investment, retirement, and estate planning. Also included are over 250 time-saving practice aids (forms, checklists, client letters, worksheets, and client handouts) providing the in-depth guidance even the most experienced planner needs to complete a complex planning engagement.
Here are some of the key features contained in the latest edition:
- Bring in New PFP Clients and Increase Existing PFP Business. This Guide will help you implement or expand your PFP services to a variety of clients. This Guide uses a comprehensive approach to help you meet client PFP demands and expand your business. The planning areas covered include retirement, investment, estate, tax, cash flow, insurance, and education. Marketing resources and tools are provided to assist you in expanding this part of your practice.
- The PFP 10-Step Process. The foundation for success in the PFP business is to establish a repeatable process. The corner stone for this Guide is PPC’s 10-Step Process of Personal Financial Planning. This repeatable process is easily tailored to any size PFP engagement.
- 1040 Planning Roadmap. This roadmap provides an analysis of the client’s Form 1040 to assist the planner in developing financial planning opportunities. Financial planning opportunities are provided for key sections and line items on Form 1040.
- Baby Boomers. The first baby boomers turned 65 in 2011. Many of these baby boomers are attempting to plan for income during their retirement while also assuming financial and custodial care of their aging parents. Younger baby boomers are still in their accumulation years and need advice on numerous PFP issues. To assist in servicing these needs a general discussion on baby boomers is provided. In addition, Boomer Alerts have been added throughout the Guide to highlight planning ideas specific to this market segment.