Financial planning isn't magic, but it is an art as much as it is a science. Different planning practices deal with different kinds of investment vehicles. But regardless of the vehicle, financial plans are rarely static.That's because clients' investment goals and resources change over time. What was right for last year's goals may not be right today, and will almost certainly change tomorrow.
In many planning practices, this provides continuity in a client relationship. Clients who are savvy enough to appreciate the benefits that financial planning offers are also usually savvy enough to appreciate a periodic review of their portfolio and investment strategy.
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