Atlanta (July 23, 2003) -- Financial planners want to spend more time planning and less time on day-to-day business management and administrative activities, according to a study by the Financial Planning Association and Financial Research Corp.
According to the study, respondents devote approximately equal amounts of time in a given work week to financial planning, asset management and client service activities. Respondents spend the least amount of time on continuing education and professional development. Thirty-seven respondents allocate nearly half their time to tax planning and preparation. The report, “Understanding the Delivery of Advice and Financial Planning Services” is based on a survey of over 650 practitioners affiliated with the FPA.
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