You need to ask somebody (friend, relative, colleague, employer, or any body of your choice, or even yourself) to provide you with a general overview of his/her personal financial position. It should be designed to provide educational and/or general information. For specific advice on these aspects of your/his/her overall financial plan, consult with a professional advisor. Please assure him/her that Asset or portfolio earnings and/or returns shown, or used in the presentation, are not intended to predict nor guarantee the actual results of any investment products or particular investment style. Then you need to do the following: 1. The initial phase: Accumulating and organizing facts about his/her current and desired financial status and identifying his/her specific goals and objectives. 2. The second phase: analysis of the data accumulated and a review of his/her cash flows and investments. 3. The third phase: make a preliminary recommendation and presc him/her with a written draft of his/her plan. 4. The fourth phase: You then finalize your plan and set time goals and establish responsibilities for the implementation of the plan. 5. The fifth phase: You will prepare, in writing, specific recommendations that will seek to address his/her financial goals