The changing nature of money is the only one facet of the financial services revolution!
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Risk Factor
Financial planning also takes care of the factor “risk”. Risk management is considered to be the most important factor during financial planning which includes analysis of the market, type of investment, and type of risk it includes, strategies to manage the risk, and how to diversify the money to reduce the risk.
Services Basket
Financial services is a broad range of more specific activities such as banking, investing, and insurance.