We believe that if you ask twenty different people you’ll get twenty different definitions about how to describe financial planning. Unfortunately, if you ask twenty financial planners the same question, it’s likely that you’ll get another set of different answers too.
At Walfrid Private we are dedicated to helping our clients identify whether they are receiving financial planning services or not. We simply call it “the Formula for Financial Planning”
We believe that Financial Planning “done right” needs to include conversations around your “feelings” about money issues as much as it includes the “facts” that support them. In addition, conversations around “peace of mind” issues such as protecting loved ones, protecting your income and protecting your legacy are critical elements that need to be woven into the planning conversation.