CFP Exam with all Correct & 100% Verified Answers |Actual
Complete Exam |Already Graded A+
1. Topic 1:
Financial
Planning 7. Step 5: Imple- ment
Process
8. Step 6: Monitor
2. 6 step
process:
EGADIM
3. Step 1:
Establish
Relationship
4. Step 2:
Gather
quantitative
and
qualitative
data
5. Step 3:
Analyze data
6. Step 4:
Develop Plan
1/
19
, CFP Exam with all Correct & 100% Verified Answers |Actual
Complete Exam |Already Graded A+
... • Objective
• Should be presented to client
• Mutually decide on revisions
1. Establish • Prioritized list of implementation steps and timing
Relationship
2. Gather Information • Work closely with other professional team members
3. Analyze data • Help client with product acquisitions
4. Develop plan
5. Implement
6. Monitor
• Services that will be
provided
• compensation/
billing
• Responsibilities of
both client/planner
• Time frame of
relationship
• It is important that
goals be defined before
any recommendations
• A goal should be
specific, prioritized and
quantified
• Fact finder form
• Identify strengths and
weaknesses
• Analysis of current
position
• Should be based on
realistic assumptions
2/
19
, CFP Exam with all Correct & 100% Verified Answers |Actual
Complete Exam |Already Graded A+
• Fed tax changes
• Economic changes
• Modifications to plan
9. Topic 2: Code ...
of Ethics &
Profes- sional
Responsi- bility
+ Discipli- nary
Rules Proce-
dures
• Integrity
10. Aspirational • Objectivity
Prin- ciples • Competence
• Fairness
• Confidentiality
• Professionalism
• Diligence
• The client consents
11. Confidential In- • Court ordered
formation can • CFP must defend accusations
be disclosed • Civil suit between client and CFP
only when...
12. CFP Board of Pro- • Inquiry Panel - grounds for discipline
fessional Practice Standards
Review
13. Topic 3:
Financial
Planning
3/
19
Complete Exam |Already Graded A+
1. Topic 1:
Financial
Planning 7. Step 5: Imple- ment
Process
8. Step 6: Monitor
2. 6 step
process:
EGADIM
3. Step 1:
Establish
Relationship
4. Step 2:
Gather
quantitative
and
qualitative
data
5. Step 3:
Analyze data
6. Step 4:
Develop Plan
1/
19
, CFP Exam with all Correct & 100% Verified Answers |Actual
Complete Exam |Already Graded A+
... • Objective
• Should be presented to client
• Mutually decide on revisions
1. Establish • Prioritized list of implementation steps and timing
Relationship
2. Gather Information • Work closely with other professional team members
3. Analyze data • Help client with product acquisitions
4. Develop plan
5. Implement
6. Monitor
• Services that will be
provided
• compensation/
billing
• Responsibilities of
both client/planner
• Time frame of
relationship
• It is important that
goals be defined before
any recommendations
• A goal should be
specific, prioritized and
quantified
• Fact finder form
• Identify strengths and
weaknesses
• Analysis of current
position
• Should be based on
realistic assumptions
2/
19
, CFP Exam with all Correct & 100% Verified Answers |Actual
Complete Exam |Already Graded A+
• Fed tax changes
• Economic changes
• Modifications to plan
9. Topic 2: Code ...
of Ethics &
Profes- sional
Responsi- bility
+ Discipli- nary
Rules Proce-
dures
• Integrity
10. Aspirational • Objectivity
Prin- ciples • Competence
• Fairness
• Confidentiality
• Professionalism
• Diligence
• The client consents
11. Confidential In- • Court ordered
formation can • CFP must defend accusations
be disclosed • Civil suit between client and CFP
only when...
12. CFP Board of Pro- • Inquiry Panel - grounds for discipline
fessional Practice Standards
Review
13. Topic 3:
Financial
Planning
3/
19
