Tools to help financial planners become more effective

Psychology of Financial Planning: Practitioner's Toolkit is a practical, hands-on companion resource to the authors' Psychology of Financial Planning. It brings assessments, reflection and exercises that helps the financial planner better understand their own biases and behaviors as well as those of their clients. The Practitioner’s Toolkit includes exercise related to all of the learning objectives in the Psychology of Financial Planning that are found on the CFP® Exam.

This Practitioner's Toolkit offers a collection of tools designed to expand on aspects of the companion book, including assessments and exercises financial planners can use with their clients. It guides readers through the application of concepts explored in the Psychology of Financial Planning and encourages discussion and sharing with clients and members of planning firms.

Readers will also find:

  • Tools and strategies to assist the financial planner in understanding client and planner attitudes, values, and biases,
  • Explorations of multicultural competence, behavioral finance, and helping client’s navigate crisis events across a broad range of circumstances and financial planning clients,
  • Exercises that focus on resolving common sources of money conflict, avenues to get the client to take action, client goal-setting, and principles of effective communication and facilitating change.

Designed for current and aspiring financial planning professionals and educators in financial planning across roles and business models, The Psychology of Financial Planning: Practitioner’s Toolkit is a must-have on bookshelves of practitioners from firms large and small.

Table of Contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Introduction
  5. Chapter 1: Client Values and Goals
  6. Chapter 2: Multicultural Competence in Financial Planning
  7. Chapter 3: Financial Flashpoints: Exploring a Client's Financial Background
  8. Chapter 4: Money Scripts: Exploring a Client's Beliefs About Money
  9. Chapter 5: Financial Behaviors and Outcomes
  10. Chapter 6: Principles of Effective Communication
  11. Chapter 7: Client and Planner Attitudes, Values, and Biases
  12. Chapter 8: Sources of Money Conflict: Working with Couples and Families
  13. Chapter 9: Helping Clients Navigate Crisis Events
  14. Chapter 10: Principles of Counseling in Financial Planning Practice
  15. Chapter 11: Behavioral Finance: Understanding Cognitive Biases and Heuristics … and What to Do About Them
  16. Chapter 12: Getting the Client to Take Action
  17. Going Forward
  18. In Closing
  19. Index
  20. End User License Agreement