Financial Planning Services

1.OVERVIEW
Introduction
Industry Scope
Industry at a Glance
Weak State of the Global Economy
High Volatility and Risk Aversion
Risk Reassessment and Uncertainty Prompts Exchange Rate Fluctuations
Financial Future Post Retirement – A Global Concern
More Problems for Baby Boomers
Global Credit Crunch Affects Wealth Management Industry
Table 1: World High Net Worth Individuals Market (2006 & 2007): Percentage Breakdown of Total Number of High Net Worth Individuals by Region - North America, Europe, Asia-Pacific and Rest of World.
Brokers Can Survive by Offering More Services
2.PRODUCT OVERVIEW
Financial Plan
Financial Planning
Definition
Need for Financial Planning
Types of Financial Planning
Business Financial Planning
Personal Financial Planning
Scope of Personal Financial Planning
Stages Involved in Personal Financial Planning
Beginning of Financial Planning
Assessment of Personal Finances
Establishing Goals
Planning Assistance – Financial Planners/Advisors
Monitoring and Reevaluation
Financing Personal Goals
Tax Management
Insurance Protection
Estate Planning
Significance of Estate Planning
Tools Involved in Estate Planning
Will
Power of Attorney
Living Will
Medical Power of Attorney
Other Estate Planning Tools
Probate
Trusts
Ownership of Assets
Insurance
Role of Estate Planning in Businesses
Fee Structure
Significance of Financial Planning
Regulations, Licensing and Self-regulation
Significance of Technology in Financial Planning
Financial Planning Using Computers
Videoconferencing - A New Avenue
Professional Associations
The Institute of Certified Financial Planners
The Association for Financial Counseling and Planning Education
The CFA Institute
The Certified Financial Planner Board of Standards
The National Association of Independent Public Finance Advisors
National Association of Personal Financial Advisors
The Registered Financial Planners Institute
The Society of Financial Services Professional
Retirement Planning
Retirement Risks and Financial Planning
Longevity
Fund Withdrawal Rate
Health Care Expenses
Inflation Risks
Time and Investment Risk
Understanding Life Expectancies for Better Retirement Planning
Wealth Management
Investment Options
Life Insurance and Annuities
Securities
Types of Securities
Stocks
Mutual Funds
Bonds
3.MERGERS & ACQUISITIONS
4.STRATEGIC CORPORATE DEVELOPMENTS
5.PRODUCT LAUNCHES
A REGIONAL MARKET PERSPECTIVE
1.THE UNITED STATES
Market Overview
Table 2: US Financial Planning and Advisory Services Industry Revenue in US$ Million for the Years 2006 through 2010.
Market Structure
Regulatory Environment
Federal Government Purchases Shares in Financial Institutions
High-Net-Worth Women Represent Profitable Niche Market for Financial Advisers
Small Businesses Present Significant Opportunities for Financial Services Firms
Financial Planning for Small Businesses
Market Trends
Financial Planning Industry Shifts Towards Fee-Only Advisers
Transition in Financial Advisory Industry
Targeting the Middle-Class
Focusing on Younger Generation
Effective Use of Technology
Retirees Returning to Work
Regulatory Trends Drive Retirement Planning Market
Growing Demand for Wealth Management Services
Retirement Planning – An Overview
Motivation for an Extended Work Life
Effects of Departure from Work Life
Post Retirement Opportunities
2.CANADA
Market Overview
Effect of Global Economic Crisis
Greater Need for Financial Planning
3.EUROPE
3a.FRANCE
Market Overview
3b.ITALY
Market Overview
3c.THE UNITED KINGDOM
Market Overview
Financial Advice Market Consolidates
Independent Financial Advisors Loosing Foothold
Inflationary Pressures Remain Low
Declining Rates Draw Attention to Financial Planning
More Companies Expected to Exit the Market Space
Avoiding Professional Advise May Lead to Inappropriate Protection Cover
Mortgage Intermediary Market Slumps
Retirement Planning Scenario in the UK
Declining Wealth Management Market
3d.SPAIN
Market Overview
4.ASIA-PACIFIC
Regional Overview
Huge Market Potential Owing to Rising Wealth of Individuals
Rise in Ageing Population
4a.AUSTRALIA
Market Overview
Budget Announces Major Initiatives
Australians Well Equipped for Retirement
Australian Investors Urged to Obtain Financial Advice
Shift Towards Fee-Based Compensation for Financial Planning Advice
4b.CHINA
Market Overview
4c.HONG KONG
Market Overview
Demographics Drive Demand for Wealth Management and Financial Planning Services
Possible Barriers to Market Growth
Investment Environment Outlook
Professional Standards
Availability of Qualified Professionals
Consumers Unwilling to Pay Fees Upfront
Increasing Consumer Awareness on Advice Quality
Increasing Focus on Protection Advice
4d.INDIA
Market Overview
Indian Financial Sector Treading Growth Path
4e.MALAYSIA
Market Overview
Malaysian Government Takes Measures to Improve Financial Market
Global Directory