The Certified Financial Planner Board of Standards has released three new guides to help certified financial planners uphold professional ethics in their practices. The guides cover topics such as satisfying the duty of care when providing financial advice, the seven-step financial planning process and managing material conflicts of interest.
Each guide breaks down specific elements of the group’s Code and Standards and how a CFP can meet their duties.
The three are: The Guide to Satisfying the Duty of Care When Providing Financial Advice That Does Not Require Financial Planning; The Guide to the 7-Step Financial Planning Process: A Case Study Illustration for Solo Practitioners; and The Guide to Managing Material Conflicts of Interest.
Daejon Love and Taylor Chan's $1.3 million romance fraud scheme exposes how AI search engines can be manipulated by fabricated online identities
“It was a third party scam,” said the attorney representing the claimants.
Meanwhile, &Partners draws another Commonwealth practice, and Wealthcare welcomes a $550 million planning practice in the Northeast.
Palo Alto AI platform recruits RIA and fintech leaders as industry data show AI adoption reshaping advisor staffing.
Meanwhile, Raymond James, Wedbush, and LPL recruited veteran advisors from across Texas, North Carolina, and California.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
