Client's Thinking Process

As a financial planner, you must get to know and understand our clients to best serve their needs. One of the more important areas is to understand how your client thinks about finances. For this discussion answer the following questions thoroughly.

• When you are collaborating with a client, what are the four thinking phases they progress through during the financial planning process?
• What can you, as the financial planner, do to assist the client in progressing through the common thinking phases?
• In what phase is it most common for a client to seek the assistance of a financial planner?
• In which phase is the financial mission most likely to be achieved?