In: Finance
One of the key benefits identified early on was that a financial planning practice could:
a.Attract clients otherwise not engaged in the purchase of insurance, stocks or bonds |
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b.Develop a business that would have value that could be sold at some point, such as retirement of the planner. |
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c.Consolidate sales of insurance and stock under one roof |
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d.Incorporate psychology into the financial services industry in order to get consumers to buy more financial products. |
Ans b.Develop a business that would have value that could be sold at some point, such as retirement of the planner.
One of the key benefits identified early on was that a financial planning practice could develop a business that would have value that could be sold at some point, such as retirement of the planner.