Internal Analysis (Lesson 4) Flashcards
1
Q
What does internal data include:
A
- Life Cycle Position
- Attitudes and Beliefs
- Special Needs
- Financial Position
- Clients Perception of Financial Position
2
Q
In order to determine a clients attitudes and beliefs a planner should gather data on
A
- Risk tolerance
- Savings and consumption habits
- Attributes and beliefs
3
Q
What is the definition of life cycle positon
A
Life Cycle position impacts a clients goals and behaviors
