Practical Applications of the Fiduciary Standard of Care

Learn about CFP Board's Standards of Professional Conduct to better understand when the fiduciary and baseline duties of care apply.

* What does it mean to place the clients interest ahead of the CFP(R) professionals?

* Does the fiduciary standard of care apply when a CFP(R) professional advises a client solely on the portfolio distribution of the clients 401 (k) plan?

* Does the fiduciary standard apply when a CFP(R) professional recommends a life insurance policy to a client who previously purchased only a homeowners policy?

* Does CFP Boards baseline standard of care, which requires placing the clients interest ahead of the CFP(R) professionals at all times, apply when the professional prepares a financial plan for the client?

* Does the fiduciary standard of care apply when the CFP(R) professional and client have a financial planning relationship, even if there is no written agreement between the two?




CFP Board answers these questions, and more, during this Webinar. The format of the Webinar is a series of case studies analyzed by a panel composed of members of CFP Boards Ethics Task Force: Nancy Johnson Jones, CFP(R), AIFA(R), CSCP™, Founder, Strategic Compliance Concepts, and Glenn Parker, CFP(R), Founder, Wychick Investment Advisors, Inc.

Category:

Nonprofits & Activism

Tags:

• CFP
• Certified Financial Planner
• fiduciary
• standard of care
• case study
• financial planning