Financial Planning Exam_ Key Elements – lecture summary.pdf Financial Planning Exam_ Key Elements – lecture summary.pdf Financial Planning Exam_ Key Elements – lecture summary.pdf
Financial Planning Exam:
Key Elements – lecture
summary
Guidehttps://www.stuvia.com/dashboard!@_)#*)(@$)($@*($@)($@*_
Financial Planning Exam_ Key Elements – lecture summary.pdf Financial Planning Exam_ Key Elements – lecture summary.pdf Financial Planning Exam_ Key Elements – lecture summary.pdf
, Financial Planning Exam key Elements.pdf Financial Planning Exam key Elements.pdf Financial Planning Exam key Elements.pdf
7 steps of financial planning process Relationship, Data, Analysis, Plan, Implement, Monitor, Update
Fiduciary Standard Requires advisors to always act in clients best interest
Who uses Fiduciary Standard? RIAs and CFPs
Suitability Standard Requires recommendations to be suitable based on clients situation. Does
not require choosing best or cheapest option just one that fits
Who uses Suitability Standard? Broker Dealers and Registered Reps
What firm has highest Fiduciary Standard? Fee-only firms
Registered with SEC 110 plus AUM, Fed regulation, Fiduciary standard
Registered with State Less than 100 AUM, state security authorities, Fiduciary standard
Registered with FINRA Broker dealers and Registered reps, Suitability Standard
Financial Planning Exam key Elements.pdf Financial Planning Exam key Elements.pdf Financial Planning Exam key Elements.pdf
Financial Planning Exam:
Key Elements – lecture
summary
Guidehttps://www.stuvia.com/dashboard!@_)#*)(@$)($@*($@)($@*_
Financial Planning Exam_ Key Elements – lecture summary.pdf Financial Planning Exam_ Key Elements – lecture summary.pdf Financial Planning Exam_ Key Elements – lecture summary.pdf
, Financial Planning Exam key Elements.pdf Financial Planning Exam key Elements.pdf Financial Planning Exam key Elements.pdf
7 steps of financial planning process Relationship, Data, Analysis, Plan, Implement, Monitor, Update
Fiduciary Standard Requires advisors to always act in clients best interest
Who uses Fiduciary Standard? RIAs and CFPs
Suitability Standard Requires recommendations to be suitable based on clients situation. Does
not require choosing best or cheapest option just one that fits
Who uses Suitability Standard? Broker Dealers and Registered Reps
What firm has highest Fiduciary Standard? Fee-only firms
Registered with SEC 110 plus AUM, Fed regulation, Fiduciary standard
Registered with State Less than 100 AUM, state security authorities, Fiduciary standard
Registered with FINRA Broker dealers and Registered reps, Suitability Standard
Financial Planning Exam key Elements.pdf Financial Planning Exam key Elements.pdf Financial Planning Exam key Elements.pdf
