Even though there has been recent negative press around the profession of Financial Planning, the culture is getting more professional. Planners have to complete a large amount of study and are quickly being considered to play a role as important as a lawyer in someone’s life.
Providing financial advice is challenging though because you are dealing with humans having irrational thoughts while going through difficult times in their lives. They need advice most during these times though to prevent them from making mistakes that can be avoided and throw their future off track.
We are all human after all and will make mistakes, yet the impact can be minimal when someone has a sounding board for their options.