What are some common roadblocks that new professionals face as they try to develop a personal financial planning practice?
If you are already involved in tax, finding time during tax season to respond to client financial planning needs can be difficult. The opportunity exists to identify financial planning needs for these clients since you already have a trusted relationship by meeting their tax return needs. Much can be learned about financial planning needs from a client’s tax return. One way to overcome this obstacle is to gradually move from tax emphasis to financial planning emphasis while building your personal financial planning practice.
