Description
Covers elements of the overall planning process, including gathering data, establishment of financial objectives and identification of constraints.
Learning Objectives
Recall the steps in the personal financial planning process.
Select the step in the personal financial planning process that defines the client's responsibilities.
Recall the requirements of the Statement on Standards in Personal Financial Planning Services No. 1, in the case of a conflict of interest.
Identify the step in the personal financial planning process that addresses scope limitations.
Recognize the type of data that indicates the client's hopes, fears, values, preferences, and attitudes regarding financial and nonfinancial goals.
Identify the life cycle phase in which clients are usually able to invest in higher risk asset classes and pursue a more aggressive investment strategy.
This CPE course can be purchased individually or as par