Which of the following is NOT a component of a comprehensive financial plan?

A comprehensive financial plan encompasses various elements designed to provide a well-rounded approach to managing a client's financial future. Among these components, risk management strategies, retirement planning, and estate planning play crucial roles in ensuring that an individual's financial goals are met in a reliable and structured manner.

Focusing solely on investment strategies does not take into account the breadth of factors that influence a person's financial well-being. A comprehensive financial plan should include risk management to protect assets against unforeseen events, retirement planning to ensure financial security in later years, and estate planning to manage the distribution of assets according to an individual's wishes. Therefore, concentrating exclusively on investment strategies neglects the necessary holistic view that a comprehensive financial plan requires.