project on financial planning, Finance Basics

Financial Planning Project Instructions:

You will serve as a financial advisor for your client to develop a financial plan. You can compile all the worksheets introduced in each chapter and use your real data as inputs to come up with a solid financial plan and recommendation for your client.

If you don't have any income source, you can find someone else, e.g. your friends or relatives, to have real data inputs. 

In your report, you will include:

(i) Background information description of your client(s).

(ii) Financial goals that you and your clients have discussed: short-term, intermediate, and long-term goals. If your client has set up buying a house or a car as his/her financial goal, you can provide suggestions on whether he/she will be better off by buying or renting.  

(iii) Cash budgeting, insurance planning, retirement planning and investment planning.

(iv) For each type of specific planning, you can use the worksheets we practice as references.

(a) For retirement plan, you need to come up with an advisory report on how much to contribute and what types of assets to be invested in the retirement plan,

(b) For investment planning, you need to analyze how much your client can afford for investment, and what investment portfolio is suitable to your client.

(c) For insurance planning, you can also get a quote for your client. 

(v) For each type of planning, using one page (no more than two pages) to summarize your financial advice. Finally write a solid and concise financial planning report for your client to convince him/her that you are a qualified financial planner and can do a good job for him/her. In total, the length of your project report will not be more than10 pages (not including charts or worksheets). Your client will appreciate a concise financial plan.

(vi) The grade of your term project will be evaluated according to your client's satisfaction.

Posted Date: 2/18/2013 2:20:06 AM | Location : United States







Related Discussions:- project on financial planning, Assignment Help, Ask Question on project on financial planning, Get Answer, Expert's Help, project on financial planning Discussions

Write discussion on project on financial planning
Your posts are moderated
Related Questions
Access the relevant authoritative literature on accounting for the transfer of financial assets. What conditions must be met for a transfer of receivables to be accounted for as a

how can I get?

Incentive Problem and Consumption of Perquisites Incentive Problem Managers may have fixed salary and they may have no incentive to work hard and maximize shareholders weal

Differences between Debt and Preference Share Capital Differences between Debt and Preference Share Capital are given below:   DEBT

Debenture Finance A type of long term debt raised after a company sells debenture certificates to the holder and raises finance in return. The term debenture has its source fr

Constant amount per share or fixed D.P.S. 1. The DPS is fixed in total amount of irrespective of the earnings level. These generate certainty and are consequently preferred vi

I need help with : an introduction to financial markets and institutions , 2 edition , brown, nesiba, burton

Discuss the necessity of risk adjusted hurdle rates for companies with diverse lines of business. Every company invests in new projects based on the expectation of earnings

Dividend yield or Gordon's Model This model is used to determine the cost of various capital components in particular: Cost of equity - K e Cost of preferenc

Restrictive Bond or Debt Covenant In this case the debenture holders will impose strict conditions and terms on the borrower. These restrictions may comprise: a) No disposal