Financial planning, an outcropping of the services typically provided by a stock broker or account executive, include investment advice, insurance sales, retirement planning, and various other assessments and planning to meet financial goals.
"Are you worried about having the right mix of stocks and bonds in your nest egg? A new study indicates that asset allocation might not be as important to your long-term financial health" as you've been lead to believe. In the Smart Money Encore blog Glenn Ruffenach summarizes the results of the study from the Center for Retirement Research at Boston College. The researchers concluded that financial advisers “will be of greater help to their clients if they focus on a broad array of tools – including working longer, controlling spending, and taking out a reverse mortgage.” Read more at: http://blogs.smartmoney.com/encore/2012/04/09/why-asset-allocation-may-not-matter/?link=SM_home_blogsum Although focused on research, The Center for Retirement Research produces many consumer-friendly resources for retirement planning.