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These departments in an accounting office deal with arranging sinking fund finance, maximising returns on cash, availing of competent tax structures and providing independent investment advice. More precisely it copes with cash flow management, coordination of custom missed products liaising with their professional advisors and financial institutions regarding their affairs, monitoring of assets, ongoing financial planning. The financial planning process takes generally a number of steps:
• evaluating client risk profile and asset distribution.
• Representing financial plans and strategies.
• Selecting investment managers / products which are most appropriate to the individual.
• Selecting the most appropriate investment fund.
• Reviewing and monitoring portfolios against the agreed criteria with the client.
• Constant observation of the assortment as the client situations change and as new products and investment opportunities occur.
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