A Pressing Issue for Financial Planning

From Planipedia

Jump to: navigation, search

Authors

  • Robert W. Moreschi

Published 2005, "A Pressing Issue for Financial Planning", Journal of Personal Finance, 2005- Volume 4

Abstract

  • The “practice” of financial planning has become more sophisticated in the past several decades. The use of quantitative techniques to develop mean/ variance optimal portfolios and probabilistic simulation models of asset spending, for example, has provided an air of scientific validity to planning. Yet all the computer sophistication available to planners is of limited value without an accurate understanding of the client. Truly successful financial planning will require advancement in advisor ability to know the client.
Retrieved from "http://www.planipedia.org/index.php/A_Pressing_Issue_for_Financial_Planning"
Personal tools