The American College CFP HS300 – Chapter 1

Which of the financial planning domains is where the advisor identifies the strengths and weaknesses in the client's present financial situation?

According to the consumer survey conducted by the CFP Board of Standards, the top reason why people being financial planning is to

Which financial planning domain is where the advisor reviews changes in the client's circumstances and the financial environment?

A comprehensive financial plan organized to follow the financial planning process should start by

Which of the following financial advisors using the financial planning process is practicing multiple-purpose financial planning? A. A multiline insurance agent who sells all lines of life, health, and property and liability insurance. B. A tax attorney who assists clients with their income, estate, and gift tax planning. C. An investment advisor who is registered as such with the Securities and Exchange Commission. D. A life insurance agent who also sells a family of mutual funds to meet both the protection and wealth accumulation needs of clients.

The financial planning pyramid is

Financial advisor activities considered to be part of developing financial planning recommendations in the financial planning process do not include

According to a survey conducted by the CFP Board, the top three financial planning areas of specialization that advisors engage in do NOT include

Starting at a relatively young age, a career-minded person typically will pass through all of the phases of the financial life cycle en route to retirement EXCEPT