The Case Approach to Financial Planning: Bridging the Gap between Theory and Practice, Fourth Edition

The Case Approach to Financial Planning: Bridging the Gap between Theory and Practice, Fourth Edition (Revised), fosters sound financial planning logic and decision-making using the CFP Board of Standards, Inc. newly-revised 7-step systematic financial planning process.

This textbook provides the tools and foundation for helping aspiring financial planners learn by doing. The material in this book provides students with real-world scenarios that can provide insights into the financial planning process as they put their financial planning skills to the test.

This title features:

• A content review of the major subject areas typically taught in a college-level financial planning curriculum
• A comprehensive review of important financial planning mathematical formulas and procedures
• A variety of 16 case studies, including an ethics review case
• Chapter-based case examples that illustrate how financial planning strategies can be used to develop client-specific recommendations
• End-of-chapter mini-cases with exercises that challenge students to apply chapter content
• Instructions on how to do calculations essential to creating a financial plan

New in the revised 4th Edition:

• Newly updated materials that reflect current financial planning trends
• Updated information regarding recent tax changes, including the SECURE Act

Topics Covered:

• Financial Planning
• Tax Planning
• Insurance Planning
• Estate Planning
• Assessing Client Risk Tolerance
• Client Communication
• Financial Planning Ethics
• And More! See the &;Table of Contents&; section for a full list of topics

The Case Approach to Financial Planning: Bridging the Gap between Theory and Practice, Fourth Edition, fosters sound planning logic and decision-making using the systematic financial planning process approach. This textbook provides the tools and foundation for preparing a financial plan and provides students with a real-world demonstration of how a financial plan is developed.

The text features:

• A content review of all of the major subject areas in the financial planning curriculum set in the context of the financial planning process.


• A variety of case studies:
  
  
  • The Bedo Family Case serves as the foundation for writing a comprehensive financial plan. Questions and discussion related specifically to the Bedo case run through the entire book.
  
  
  • Chapter-based case examples illustrate how financial planning recommendations are developed to help clients meet goals and objectives.
  
  
  • End-of-chapter mini-cases and questions challenge students to apply chapter content.
  
  
  • Quantitative/analytical mini-cases feature multiple-choice questions and answers, designed to develop a student’s ability to analyze, evaluate, and synthesize strategies to create appropriate recommendations matched to the clients.
  
  
  • A separate ethics case tests knowledge of securities rules and financial planning practice standards.
  
   


• Chapter-based learning aids for focus and retention of key information: Key Terms, Learning Objectives linked to end-of-chapter Learning Outcomes, and End-of-Chapter Questions and Resource Lists.

 

And, new and expanded coverage for the fourth edition includes:

• 14 newly updated chapters that explore all levels of financial planning issues—from budgeting to estate planning. 


• The latest tax and financial information. 


• Updated content to comply with the latest CFP Board requirements. 


• Newly enhanced learning tools including: key terms; visual reminders of key points throughout each chapter; and self-tests. 


• Updated content on planning for special populations, including same-sex couples. 


• Updated case problems throughout. 


• Enhanced visuals to clarify complex content.