CFP Board Practice Standards and Ethics

Course Description:

This intermediate-level course was designed to meet CFP Board’s 2-hour ethics study requirement for Certified Financial Planners.  

Learning Objectives:

Upon successful completion of this course, participants will be able to:

• Define and discuss a financial planning engagement, material elements of financial planning, and the financial planning process
• Analyze specific fact patterns to determine if a financial planning relationship exists
• Differentiate between the standards of care set forth in Rules 1.4 and 4.5 of the Rules of Conduct and apply each standard of care to specific factual situations
• Identify information that must be disclosed to a client in writing when a CFP professional is engaged in a financial planning relationship or providing material elements of financial planning
• Define the information that must be disclosed to clients and prospective clients, when that information must be disclosed and apply each disclosure requirement to a specific factual situation
• Apply each practice standard set forth in the “Financial Planning Practice Standards” to a hypothetical financial planning engagement