CFP Section 1 (General Financial Planning Principles,
Professional Conduct and Regulation) with all Correct &
100% Verified Answers
1. Investment
securities b/d that underwrites new issues
Banks function?
advise corps on ettective strategies to raise long term
capital raise capital for issuers by distributing new
securities
buy securities from issuers and resell to public
distributing large blocks of stock to
public/institutions helping issuers comply w
2. Module 1
security laws
3. 7 Steps of the Financial understanding clients personal/financial circumstances
Planning Process identifying/selecting goals
analyze current course of action and potential alternatives
developing fin plan recs
presenting recs implementing
recs
monitoring progress/updating
4. Step 1: obtain qual/quan data analize
Understanding info
Client
Personal/Financial Cir- address incomplete info
cumstances
5. Step 2: identifying potential goals
Identifying/Selecti selecting/prioritizing goals
ng Goals collaboration to establish personal/economic
assumptions discuss unrealistic goals
6. Key Q's to What education would u like for ur children?
Identify Goals Do u own a business, have u made provisions for someone to
1/
113
, CFP Section 1 (General Financial Planning Principles,
Professional Conduct and Regulation) with all Correct &
100% Verified Answers
succeed u in ownership of
this?
Anticipating employment/career
change? What are plans if this
occurs?
2/
113
, CFP Section 1 (General Financial Planning Principles,
Professional Conduct and Regulation) with all Correct &
100% Verified Answers
How aware is spouse of financil
assets/obligations? How important is saving
taxes to u?
Are u charitably incline?
7. Step 3:
Analyzing current strengths:
course of action and adequate savings (for retirement)
potential appropriate emergency fund
alternative appropriate net worth, given client
courses goals well defined fin goals
cashflow mgmt skills
strength/ appropriate investments given risk tolerance, time horizon,
weaknesses that goals appropriate insurance coverage
may be uncovered valid/current estate plannin doc
employmrnt status stable/promising
weakness:
insuflcient savings
inadequate em fund
low net worth, given goals
undefined/unrealistic goals
8. Step 4: Developing
Fin Plan Recs
9. Step 5: Presenting
the Fin Plan Recs
10. Step 6: address implementation strategies
Implementing Recs identify, analyze, select actions/products/services
recommending actions/products/services for
implementation selecting and implementing
3/
113
, CFP Section 1 (General Financial Planning Principles,
Professional Conduct and Regulation) with all Correct &
100% Verified Answers
action/producs/services
4/
113
Professional Conduct and Regulation) with all Correct &
100% Verified Answers
1. Investment
securities b/d that underwrites new issues
Banks function?
advise corps on ettective strategies to raise long term
capital raise capital for issuers by distributing new
securities
buy securities from issuers and resell to public
distributing large blocks of stock to
public/institutions helping issuers comply w
2. Module 1
security laws
3. 7 Steps of the Financial understanding clients personal/financial circumstances
Planning Process identifying/selecting goals
analyze current course of action and potential alternatives
developing fin plan recs
presenting recs implementing
recs
monitoring progress/updating
4. Step 1: obtain qual/quan data analize
Understanding info
Client
Personal/Financial Cir- address incomplete info
cumstances
5. Step 2: identifying potential goals
Identifying/Selecti selecting/prioritizing goals
ng Goals collaboration to establish personal/economic
assumptions discuss unrealistic goals
6. Key Q's to What education would u like for ur children?
Identify Goals Do u own a business, have u made provisions for someone to
1/
113
, CFP Section 1 (General Financial Planning Principles,
Professional Conduct and Regulation) with all Correct &
100% Verified Answers
succeed u in ownership of
this?
Anticipating employment/career
change? What are plans if this
occurs?
2/
113
, CFP Section 1 (General Financial Planning Principles,
Professional Conduct and Regulation) with all Correct &
100% Verified Answers
How aware is spouse of financil
assets/obligations? How important is saving
taxes to u?
Are u charitably incline?
7. Step 3:
Analyzing current strengths:
course of action and adequate savings (for retirement)
potential appropriate emergency fund
alternative appropriate net worth, given client
courses goals well defined fin goals
cashflow mgmt skills
strength/ appropriate investments given risk tolerance, time horizon,
weaknesses that goals appropriate insurance coverage
may be uncovered valid/current estate plannin doc
employmrnt status stable/promising
weakness:
insuflcient savings
inadequate em fund
low net worth, given goals
undefined/unrealistic goals
8. Step 4: Developing
Fin Plan Recs
9. Step 5: Presenting
the Fin Plan Recs
10. Step 6: address implementation strategies
Implementing Recs identify, analyze, select actions/products/services
recommending actions/products/services for
implementation selecting and implementing
3/
113
, CFP Section 1 (General Financial Planning Principles,
Professional Conduct and Regulation) with all Correct &
100% Verified Answers
action/producs/services
4/
113
