FINANCIAL Planner

What makes a good Financial Planner or what are the fundamental traits of a successful Financial Planner.
1. Building trust with the client by empathizing with them and understanding their aspirations,concerns and needs.
2.Familiarity with taxation and estate planning issues.
3.Good knowledge of financial products and options, their risk-return profile, and a strong understanding of the behaviour and track record of various investments and asset classes.
4.An understanding of the various stages in a client's life and wealth cycle and the asset allocations that make sense of each of these stages.
5.An organized way of working, with one of the critical elements being a written financial plan which documents client needs and resources,a specific investment strategy and the progress made towards achieving these objectives.
6.A clear focus on the overall financial well-being of a client,rather than on individual transactions.The financial planner should link his remuneration to the overall achievement of client goals,rather than relying on a fee from each transaction.