We all know the massive difference financial planning can make in people’s lives, in particular those thinking of leaving the corporate world. Showing these corporate quitters the impact of their choices and the benefits they are giving up while helping them build their reserves so they can launch their business is crucial.

But what about factors that go beyond a monetary value?

Yes, as financial advisers we can give them some certainty and a plan for a new financial future , but how about all the other stuff that comes with leaving the safety net of the employed world? There is panic, doubt, and stress. There are clients who say they want to set up their own business but even after you’ve showed them how to do it financially, something else holds them back.

Fundamentally this is fear, which can have a great impact on what clients end up doing. But as financial advisers, are we the right people to help our clients deal with this fear?

This blog is written for Voyant. To see the full article please visit here.