Theory and Practice

Abstract

This introduction presents an overview of key concepts covered in the subsequent chapters of this book. The book is designed for the discipline of financial planning-practitioners, faculty, and students. Regardless of discipline, practitioners gain from reconnecting with theory as well as questioning how it may relate to practice and their specific work. Faculty gain from witnessing how their work, whether research or teaching, relates to practice as a whole. At the risk of oversimplifying, the book is essentially divided into three parts: what a financial planner should know, what a financial planner does, and a systematic expansion of the body of knowledge for this discipline, incorporating related topics and disciplines. The book outlines the topics that encompass the content found within many financial planning preparation programs. It then discusses competencies relative to a given area.