Carl Richards coined the term “real” financial planning and in this video clip, he talks about the factors he believes help define what it takes to offer real financial planning.
So what is real financial planning? And are we, as advisors, getting any better at it? On this episode of Elementality, Reese and Carl explain why they believe the emotional jobs of a planner are crucial to guiding a client to overall financial health—but why those skills must be backed by functional prowess for there to be real financial planning.