Chris Budd: How financial wellbeing helps clients

It's not about goals

clock • 3 min read

In his latest column for Professional Adviser, Chris Budd summarises the topic of financial wellbeing and considers why it is becoming so popular at the moment

What is financial planning? Let's start at the beginning. Financial planning is really very simple; work out what you want from life and then spend your money on that. Except, of course, that isn't very simple at all! Working out what you want from life - and what will make you happy - is actually pretty tough. We have many internal and external pressures that make it very difficult to understand what will make us happy. It is difficult, if not impossible, to challenge our own assumptions. This, then, is a key role of the financial adviser. To help a client reflect on their rela...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Andrew Goodwin: Five steps towards advice for everyone

Andrew Goodwin: Five steps towards advice for everyone

Long-term hopes for financial advice

Andrew Goodwin
clock 15 October 2026 • 5 min read
Wealth M&A deals triple in six years as PE buyers dominate market

Wealth M&A deals triple in six years as PE buyers dominate market

PE buyers account for nearly three-quarters of deals

Isabel Baxter
clock 14 October 2026 • 2 min read
Dyer Baade & Company's Daniel Baade: £500m-£2bn AUA firms key battleground in wealth M&A's next phase

Dyer Baade & Company's Daniel Baade: £500m-£2bn AUA firms key battleground in wealth M&A's next phase

Fewer but better buyers

Daniel Baade
clock 13 October 2026 • 3 min read