Financial Planning: Process and Rules - Introduction

The first of the seven broad subject areas that serve as the basis for the CFP® Certification Exam is "General Principles of Financial Planning." Questions linked to this subject area account for about 11 % of the overall exam. Within "General Principles of Financial Planning", there are 14 topic areas, including the financial planning process, ethics, disciplinary rules, practice standards and cash flow management, among others. These topics are broken down further into subtopics such as "Implementing the financial plan," "Secured vs. unsecured debt" and "State securities and insurance laws."

In this section, we will review each of the 14 topic areas included in "General Principles of Financial Planning", and their subtopics in the order they appear in the May, 2006 version of the CFP Board's "Topic List for CFP® Certification Exam."

Financial Planning Process


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