Overview
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What is a Financial Analysis
7 mins
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How does analysis help the client
11 mins
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General rule of thumb to begin
18 mins
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What should the client bring
31 mins
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Easy methods for assets and liabilities
48 mins
Course Description
Many producers conduct fact finders or financial needs analyses as they meet new consumers – but do they conduct them well.
Financial analysis is meant to review substantial debt and equity ratios and become the epitome of financial improvement. The concept here is to implement strategies that enable you to become a trusting financial specialist so that clients do not withhold information to help you produce the best plan possible.
A qualified financial planner carries out a needs analysis to determine the current state of your finances and your future financial needs. A needs analysis ensures that you are not sold any particular financial product without an overall assessment of your finances and existing financial position. For example, in the past, a salesperson would have been able to sell you a life insurance policy without assessing your affordability and existing policies. The legislation now requires financial service providers to do a financial need analysis for every client. In this CE finance webinar, the benefit to the client is that after a needs analysis you will have a holistic view of your finances and would be able to make an informed decision.
In this CPE webinar speaker, Drew Stevens will explain how to conduct a financial needs analysis from debt to wealth.
You might be interested in the Certification course on Financial Data Analytics
Learning Objectives
- To analyze how to implement an introductory plan to help establish trust and rapport.
- To create and implement a plan based on objectives as well as measurements of success.
- To discover the client’s unplanned and planned income and expenses.
- To analyze how to conduct a financial needs analysis from debt to wealth.
Recommended For
- This Online CPE webinar is recommended for CPAs, CMAs, CVAs, CBA/MCBA, CITPs, CFAs, and other professionals who wanted to understand everything about financial needs analysis.
- This CPD webinar is also useful for Canadian CPAs who want to know about conducting a financial needs analysis from debt to wealth.
Who Should Attend?
- Certificate in Investment Performance Management
- Certified Management Accountant (CMA)
- Certified Public Accountant (CPA)
- Certified Valuation Analysts
- Chartered Financial Analyst
- CPA - Mid Size Firm
- CPA - Small Firm
- Finance Pros
- Finanical Analyst
- Young CPA