General Principles Flashcards
1
Q
What are the steps in the planning process?
A
EGG PRIM Establishing Gathering Processing / Analyzing Recommending Implementing Monitoring
2
Q
How much CE?
A
30 hours, every 2 years
3
Q
Rules of Conduct?
A
RIPOOO Relationship/Client Information disclosed / Client Property / Client Obligations (3 ways, client, employer, etc.) - to prospective clients - to employers - to CFP board (CFP mark rules, contact info [45], conviction [10 or 30])
4
Q
3 times when a CFP Certificant can release client info?
A
- At their request
- Subpoena from attorney, court, etc.
- Defense against wrongdoing
5
Q
When is it OK to either lend, or receive a loan from clients?
A
Family, and a bank/someone in the business of lending.
6
Q
Words that must follow CFP in a sentence?
A
Certificant
Practitioner
Professional
Registrant
7
Q
Always utmost importance?
A
CFP Board loves Emergency Fund, and guardianship if they’re lacking it.
