Question

What is one of the first steps a financial planner might take when working with a client?

Answer 1

Hihi!

The correct answer is that the first step a financial planner might take when working with a client would be to establish and define the client-planner relationship!

I hope I helped!
-Loliarual

Answer 2

The first step is to generate an engagement letter. That letter summarizes the scope of the work that the client needs from you. The engagement letter states the client's concerns, the financial planner's estimate for the amount of work required.