Mutual and other Funds

85.Explain the role of a financial planner.

Ans: The role of financial planner lies in following a financial planning procedure so that he can help the individual meet his or her life's goals . The most important function of a financial planner is to identify the needs of individuals, their list of priorities and to choose the right products , which are most adept to cater to their needs . Thus , the financial planners is required to hold greater expertise in a wide range of financial planning tools and products , althought the core role lies in choosing the best products to meet individual needs . Thus , the planner considers the '' entire picture,'' which gives an exact view of a client's financial situation to make the right move at the right time.