Abstract
The financial planning profession is on the cusp of an opportunity to benefit from providing meaningful advice by addressing client behaviors and emotions. Considering the emotional and cognitive components of financial health adds an additional layer of intelligence relevant when maximizing decisions with clients. This paper provides financial professionals a tangible foothold into the field of financial therapy by providing a framework for implementing the Klontz Money Script Revised Inventory (KMSI-R), which has been empirically validated to identify beliefs around money that may impact financial behaviors. This paper suggests introducing the KMSI-R assessment during the client discovery phase and using the results to inform the practitioner's financial planning practice. Before introducing any assessments to clients, the planner should take the assessment as part of their own self-discovery.