THE TRUE FINANCIAL PLANNER

A TRUE Financial Planner DOES NOT PEDDLE/SELL any product from any Takaful ,Insurance,Unit-trust or Will writing Company.
Sadly IN MALAYSIA the true independent Financial Planners that are Exclusive Skilled Qualified Professionals do not receive the attention of the regulators.  

People enlist the help of a financial planner because of the complexity of performing the following:
Providing financial security and ensuring that all goals of personal finance are met
Finding direction and meaning in one's financial decisions;
Understanding how each financial decision affects other areas of finance; and
Adapting to life changes to feel more financially secure.

The best results of working with a comprehensive Independent financial planner, from an individual client or family's perspective are:
To create the greatest probability that all financial goals (anything requiring both money and planning to achieve) are accomplished by the target date, and
To have a frequently-updated sensible plan that is proactive enough to accommodate any major unexpected financial event that could negatively affect the plan, and
To make intelligent financial choices along the way (whether to "buy or lease" whether to "refinance or pay-off" etc.).

The client should establish that the planner is competent and worthy of trust, and will act in the client's interests rather than being primarily interested in selling the client financial products for his own benefit. 
As the relationship unfolds, an individual financial planning client's objective in working with a comprehensive independent financial planner is to clearly understand what needs to be done to implement the financial plan created for them. 

A financial planner's step-by-step written IMPLEMENTATION PLAN of ACTION items, created after the plan is completed, HAS MORE VALUE to many clients than the plan itself. The comprehensive written lifetime financial plan is a technical document utilized by the financial planner, the written implementation plan of action is just a few pages of action items required to implement the plan; a much more "usable" document to the client.

Article by:
Rodzman AR
Chartered Financial Consultant,ChFC,
Shariah Registered Financial Planner,SRFP,
Registered Financial Planner,RFP.