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Practice Management in Financial Planning


Course Description

The skills needed to create and sustain a profitable practice in financial planning. Topics pertain to issues facing professionals when they start their practices such as state licensures, regulatory environment, marketing professional practices, business networks, developing client bases, and effective and ethical marketing techniques for practice in financial planning.


Athena Title

Practice Mgmt Financial Plan


Equivalent Courses

Not open to students with credit in FHCE 4250, FHCE 6250


Non-Traditional Format

This course will be taught 95% or more online.


Prerequisite

Permission of department


Semester Course Offered

Offered summer semester every year.


Grading System

A - F (Traditional)


Course Objectives

Upon completion of this course, students should be able to do the following: • Understand ethics in financial planning and other professional practices • Articulate marketing, building, and servicing a practice in financial planning • Be able to answer the question, “what is financial planning?” • Regulations associated with financial planning and other professions • Understanding financial planning technology Methods of determining mastery of the Expected Learning Outcomes are described in the Assignments and Exams sections below.


Topical Outline

1. What is Financial Planning, Practice Standards 2. Ethics in Financial Planning and Other Professions 3. Developing a Practice 4. Structures of Planning Practice 5. Client Communications 6. Target/ Niche Marketing 7. Writing a Business Plan 8. Practice Technology 9. Issues Facing Professional Practices


Syllabus