Practice Management Guide for Financial Planners is a brief presentation about improving financial advisory business practice for all financial professionals.

1. Practice
Management
MULTIPURPOSE GUIDE FOR FINANCIAL PLANNERS

2. Introduction
 The Presentation is about the Practice Management Skills required
by financial planners to run their businesses successfully.

3. What is Practice Management
 Practice management entails developing and implementing
strategies and systems to run a financial advisory business efficiently
and effectively. It includes adhering to financial planning processes,
conducting holistic financial planning, client relationships,
operations, compliance, marketing, and time management
(Swanepoel 2025).

4. Challenges faced by Financial Planners
STRICT REGULATIONS
BY FSCA
NO WORKSIDE/KEY
ACCOUNTS
LACK OF
PROSPECTING SKILLS

5. Skills required by Financial Planners
PROSPECTING
SKILLS
PRESENTATION
SKILLS
COMMUNICATION
SKILLS
ANALYTICAL SKILLS LISTENING SKILLS ENTREPRENEURIAL
SKILLS

6. Financial Planning Process
PROSPECTING ESTABLISHING A
PROFESSIONAL
RELATIONSHIP WITH CLIENTS
GATHERING CLIENT
INFORMATION
ANALYZING GATHERED
INFORMATION

7. Financial Planning Process
Recommendation
of possible solutions
Implementation of
accepted solutions
Review of the plans
every year
Asking for referrals

8. Thank you
REFERENCES SWANEPOEL, A., ROCHELLE, M.
(2025). PRACTICE MANAGEMENT.
JOHANNESBURG: UNIVERSITY PRESS.