Ch. 16 Flashcards
The CFP Board maintains professional standards necessary for…
Competency and ethics in the financial planning profession
The code of ethics sets forth general statements regarding ethical and professional ideals that…
CFP professionals are expected to enact
The standards of conduct address the…
Fiduciary standard of care applicable to CFP professional
Each practice standard makes up one of…
7 steps in the financial planning process
Practice standards include monitoring after…
A financial plan is implemented
With respect to Practice Standards, the scope of the engagement does not have to be in writing when…
Providing financial advice that does not require financial planning
What is the client’s responsibility during the financial planning process?
To provide the professional with all requested information
