Financial Planning Checklist

127 votes

I just brought on a new advisor and I'm transitioning "ownership" of the client relationship to him. I'm trying to come up with a way to "verify" that he covers all aspects of the clients financial life and that nothings missed. As I've been training him, I've come to realize that a lot of the things I intuitively do or check for a client are in my head. I'd like him to have a "100 point" checklist of things that he needs to "sign off" on to ensure that he's covered all areas that I would have covered. By having this, I'm hoping it will make it easier for me to let go of the ownership of the client but have an easy to way monitor areas that he's thought about for the client. There may be many items on the list that don't apply to a particular client but I want him to be able to acknowledge that they don't apply. A good comparison to what I'm thinking of is the Tax Preparation Checklist that most accountant's send to their clients ahead of tax season to complete.

Non-Standard Guides Under Consideration Suggested by: Todd Calamita Upvoted: 13 Mar Comments: 3

Comments: 3