Course outline

1. PGD Financial PlanningCourse Outline
1. Establish anddefine the relationshipwiththe client.
I. Explianthe clientthe purpose of financial planning,the ole ofinancialplannerthe role
of financial plannerandhisherprofessionalcompetencies.
II. Discussfinancial planningneedsandexpectationsof the clientwith respecttofinancial
planningcomponents.
III. Determine whetherthe practitionercanmeet needswithregardtofinancial planner
competencies.
IV. Define the scope of engagementincludingservice tobe providedincluding monitoring
responsibilities.
2. CollectClient’sInformation
I. Collectquantitative andqualitativeinformation
II. Assessclient’svalue ,attitude andexpectations
III. Assess client’slevel of knowledge andexperience withfinancial matters.
3 Analyse client’sfinancial status.riskprofile anddeterminefinancial Goals.
I. Analyse if client’sbackgroundandcurrentfinancial status
II. Assessthe client’sobjectives,needsandpriorities
III. Determine client’srisktolerance level byadcertaining riskappetiteandriskcapacity
IV. Identifyclient’spersonal andfinancial goals,needsandpriorities throughinterviews
questionnaires
V. Define client’stime horizonforeachgoal.
4. DevelopFinancial PlanningRecommendationsandpresentthemtothe client.
I. Identifyandevaluatefinancial planningAlternativestomeetclient’sgoal and
objectives.
II. Developthe financial planningrecommendations.
III. Presentand discussthe financial planningRecommendation withthe client.
IV. Obtainthe feedbackfromclientandrevise the Recommendationasnecessary.
V. Provide documentationof plan Recommendations.
VI. Confirmclient’sacceptance onRecommendation
5. Implementclient’sFinancial Planning
I. Agree on implementationresponsibilities
II. Assistthe clientinselectingproductsandservicesforimplementation
III. Coordinate asnecessarywithotherspecialties
6 .Monitorand Reviewthe client’ssituation
I. Reviewperformance andprogressof the planwiththe client
II. Discussand evaluate changesinclient’spersonal Circumstances(birth,death
,age,illness,divorce,retirement)affectingmodifyinggoals

2. III. Review,evaluate changingtax lawsandeconomiccircumstances
IV. Assessimpactof risefall ininterestratesonfinancial goals
V. Make recommendationstoaccommodate new changingcircumstances
VI. Provide ongoingservicesto clients
InvestmentPlanning
1. Understandingvariousproductsandtheirprofileforgoal basedinvesting
I. Investmentproducts–Fixedincome ,equality mutualfundderiviatives, commodities
,small saving
II. Investmentriskassociatedwithvariousproducts
III. Riskprofilingof productssuitedtoclient’sprofile andgoal
IV. Real Estate as an assetcategoryandinvestmentclass.
2. Assetallocation,measurementof portfolioriskandreturns
I. Investing fundsinthe appropriate AssetAllocation
II. Changingassetwithchange inlife stages
III. Monitoringprogressof investmentportfolio
IV. Measurementof portfolio riskandreturns
V. Valuationof securities
VI. Performance analysisof securitiesandportfolios.
3. Investmentstrategies,goal-basedportfolioconstructionanalysis,rebalancingandoptimization
I. Goal specificinvesting instrategicinvestinginstrategicassetallocation.
II. Monitoringof investingportfoliotoassessgoal achievement
III. Analysisof portfolioreturns
IV. Investmentstrategies –active andpassive
V. Systematicinvestmentandvalue averagingmethods
VI. Investmentstyles
VII. Assertaining appropriate returntomeetgoal anddevice diversifiedportfolio
VIII. Income generatingpotential of portfolio
IX. Portfoliorebalancing