Write A Short Fictional Example Of A Client Interaction ✓ Solved

Write a short fictional example of a client interaction with a planner on a topical plan within one of the areas of financial planning

Write a short fictional example of a client interaction with a planner on a topical plan within one of the areas of financial planning. (Remember that a topical plan addresses a single area from general principles, investments, insurance, retirement, tax or estate planning. It is not a "comprehensive" financial plan.) (Use Investments for this essay) A successful paper will briefly present each step of the process from establishing relationship to monitoring on whatever topic is selected, following the "EGADIM" steps correctly in order: Establish, Gather, Analyze, Develop, Implement and Monitor.

Common language accessible to a retail client should be employed. Fictional example of client/planner interaction written should follow the financial planning process of "EGADIM." (Establish, Gather, Analyze, Develop, Implement, and Monitor.) Written example of interaction should be for a topical rather than comprehensive plan. It should address the area of financial planning chosen such as an Investment or Insurance focused topical plan. Language employed should be accessible to a retail client with minimal experience and for the purpose of this assignment able to be conveyed verbally without external charts, graphs or references. Please provide a summary of the essay.

Summary of the Assignment

This assignment requires creating a brief, fictional dialogue between a financial planner and a client focusing on an investments topical plan. The interaction must illustrate each phase of the EGADIM process—Establish, Gather, Analyze, Develop, Implement, and Monitor—in a clear, accessible manner suitable for a retail client. The scenario should depict the step-by-step process from initial relationship building to ongoing review, emphasizing simplicity and clarity without the use of external visual aids. The goal is to demonstrate understanding of the financial planning process within a specific area, using easy-to-understand language and a realistic client-planner exchange.