Looking for Feedback from working Financial Planners

Dec 04, 2006 1 Replies

Hello, I am doing some research, and I am looking for the top 5 challenges that face Fianancial Planners in their industry. The more specific the better, thank you in advance for your feedback.



Personally, and I don't mean this as a flame, just an observation, that I wonder if it holds any resonance to others who know FP's....

the only financial planners I know also seem to be the folks least capable of managing their own money. I have one whos a computer client and he'd rather pay the exorbitant interest I tack on in late fees to invoices he leaves unpaid than to have his accountant pay them on time. I also know 3 other folks licensed to sell financial products including insurance, some also with mutual funds, etc. Two of them have terrible credit and a history of not being able to hold decent jobs at larger employers.

Is this a cobblers kids go shoeless phenomenon, or is there something more too this?

Again, I don't mean this as a flame, just curious if I've stumbled on a theme, or just coincidence.

-- Todd H.

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