CAVITE STATE UNIVERSITY

Don Severino de las Alas Campus

Indang, Cavite

Graduate School and Open Learning College

EMGT 220

FISCAL PLANNING AND MANAGEMENT

Activity # 1

ARTICLE REVIEW

Name: RIO FATIMA L. VIADO Student No. 202205102

Professor: AMMIE P. FERRER, PhD Date of Submission: November 4, 2023

Directions: Write an Article Review on a scholarly publication/research on topic related to

FISCAL PLANNING AND MANAGEMENT.

Writing an Article Review.

Source Citation:

Title:Financial Attitude, Knowledge, Investment Behavior, and Satisfaction Among the

Clients of Comprehensive Financial Planning Services

Author: Young Baek, Seong Kim, and Dong-Ho Jung

Date of Publication: January 3 , 2019

Topic:

The scholarly publication explores the interplay between financial attitude,

knowledge, investment behavior, and satisfaction among clients who avail themselves of
comprehensive financial planning services. The study aims to shed light on the intricate
relationship between these factors and how they collectively impact the overall financial well-
being of individuals seeking professional financial advice.

Main Ideas

The research delves into the diverse financial attitudes exhibited by clients engaged
in comprehensive financial planning. It examines the impact of individual attitudes towards
risk, long-term planning, and financial goal-setting on the effectiveness of financial planning
services.

The study assesses the financial knowledge levels of clients, emphasizing the role of
financial literacy in making informed investment decisions. It investigates how clients'
understanding of financial concepts correlates with their satisfaction and the efficacy of the
financial planning services they receive

The publication analyzes the investment behavior of clients in response to the

financial plans devised for them. It explores factors influencing investment decisions, such
as risk tolerance, market conditions, and the alignment of investments with clients' financial
goals.

The researchers measure client satisfaction with comprehensive financial planning

services, considering factors such as the perceived value of the advice, the achievement of
financial goals, and the overall experience with the financial planner. Satisfaction is viewed
as a key indicator of the success of financial planning strategies.

Conclusion:

The scholarly publication concludes that there is a complex interrelation among financial
attitude, knowledge, investment behavior, and client satisfaction within the context of
comprehensive financial planning services. It highlights the importance of considering these
factors holistically to provide more tailored and effective financial advice to clients.

Reflection:

This research contributes significantly to the field of fiscal planning and management by
offering a comprehensive examination of the multifaceted aspects involved in the client-
advisor relationship. It underscores the need for financial planners to not only understand
their clients' financial goals but also to address individual attitudes and knowledge gaps. As
financial planning services continue to evolve, incorporating insights from studies like this
can enhance the profession's ability to provide personalized and impactful advice, ultimately
contributing to improved financial outcomes for clients.