What part of the report takes the most time?
I always spend longer on the circumstances and objectives of the client than anywhere else in the report. I don't necessarily mean from a pure time taken point of view, but in terms of thinking time, this is always the most time consuming.
I often find that once I've got this done, the standard approaches I've developed to the rest (detailing the recommendation, producing a replacement business analysis, etc) always just fall into place.
I'm interested in where other people struggle, and why you think it's happening.
For me, I always find it difficult to get into an adviser's head and get those circumstances and objectives on to the page. I imagine that if I was in the meeting, this would be far easier. I also think it's easier for me to do the rest because of my experience and qualifications.
How about you guys? If you whizz through the bit I don't, what's your secret?
Chartered Financial Planner