Students, individually, will develop a detailed financial plan for a client. A client profile will be developed, an investment portfolio developed, and a reflection on the outcome conducted. The portfolio must contain the following items:

A. Who is your client? You have the freedom to create your fictitious client but you must have clearly defined investment goals. Your client must have 3 investment goals with each separate goal relating to a different time period (short term, medium term, long term). Your client must be in their midearning years life stage. You determine the persons occupation, savings, income, number of children and any other lifestyle information.

Criteria: Have you created a realistic profile of the client and provided answers to the kinds of questions a financial planner would ask? Has disposable income been calculated based on current income tax rates? Has a monthly budget and cash flow statement been prepared? Is the budget realistic? Are the goals clearly stated in terms of time? Are the goals SMART?