Financial planning is much less about number crunching and much more about understanding. A planner is more therapist than mathematician. Like a good therapist, the crucial factor is rapport. That you have a connection and that you respect them. But most of the work in therapy is done by you. There are some basic rules and structures (like country specific tax laws, and company specific product processes) they will know, but in most cases the financial planners have administration teams that help them with that. They will have some areas of knowledge that you don’t have, and act like a teacher. Their main job is the conversation. More them understanding you, than you understanding anything else. Understanding the way you see and respond to the world and setting up an (adjustable) plan that you can sustain. That you can sustain through various risks. Allowing you to build the capital to absorb and feed off uncertainty, and the containers to create and hold the things you value.
No comments:
Post a Comment