That’s no joke that a competent financial planner really speaks the language of other professionals.

When a financial planner explains to a businessman about the arrangement of buy-sell agreement, he really sounds like a lawyer. A buy-sell agreement may be thought of as a sort of “premarital agreement” between business partners/shareholders. It is sometimes called a ‘business will’. An insured buy-sell agreement (agreement funded with life insurance on the participating owner’s lives) is often recommended by business succession specialists and financial planners to ensure the buy-sell arrangement is well-funded and also to guarantee there will be money when the buy-sell event is triggered.

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When a financial planner explains the definition of 36 critical illnesses to his prospect, he really does sound like a doctor. Prospect asked,” What’s primary pulmonary arterial hypertension?”. The planner answered,”Means primary pulmonary hypertension with substantial right ventricular enlargement established by investigations including cardiac catheterization, resulting in permanent irreversible physical impairment to the degree of at least Class 3 of the New York Heart Association Classification of cardiac impairment, and resulting in the Life Assured being unable to perform his/her usual occupation.” I think you know what I mean 🙂

When a financial planner explains the severity of tax avoidance, tax evasion and estate tax, he really sounds like an accountant. This is a typical statement from a financial planner, “You can do this.. this .. and this.. I guarantee that it will save you a lot of taxes.”

Undeniably, financial planner is highly regarded profession.


Personal finance author and trainer

    1 Response to "Financial Planner speaks like a lawyer, a doctor or an accountant?"

    • […] Financial planning is a very professional job. It requires high level of social skills, and also technical knowledge. Don’t ever look down on this professional. This magnificent job is just as professional as a doctor, lawyer, or accountant. […]

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