Flashcards on FPS - Chapter 1 - Financial Planning Process, created by David Skillen on 20/01/2019.
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Created by David Skillen
over 5 years ago
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Close
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Created by David Skillen
over 5 years ago
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4 financial planning specialist include:
4 Codes of Ethics for PFP:
6 Principles - Code of Ethics for CFP Professional
Core financial planning definition
Objective & Constraints of clients
Time Horizon
Liquidity Needs - 4 Common Reasons
Goal Achievement - 6 factors to think about
What should a client consider who requires income to meet day to day expenses
Prospect Theory - Amos Tversky & Daniel Kahneman
Myopic Loss Aversion Theory - Benartzi & Thaler
6 Step Financial Planning Process
Role of a Financial Analysis - 6 Step Fin Process
