What, according to the Financial Planning Practice Standards, is vitally important in determining what activities the financial planner should do for the client?

Question

Quizplus · Accepted Answer

All of these things are used in determining the practitioner's activities for the client. However, the practitioner's recommendations and the timeline should be based on both the client's current financial state, goals, needs, and priorities. In order to determine the activities, it is vitally important that the practitioner and client work together to mutually define the client's goals, needs, and priorities.

What, According to the Financial Planning Practice Standards, Is Vitally