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Which of the following is/are requirements of the fiduciary duty under the Code and Standards ? The duty of loyalty, in which the CFP professional
Which of the following is/are requirements of the fiduciary duty under the Code and Standards?
- The duty of loyalty, in which the CFP professional must place the interests of the client ahead of the interests of the CFP professional or the CFP professional's firm."
- The duty of care, in which the CFP professional must act with the care, skill, prudence, and diligence that a prudent professional would exercise considering the client's goals, risk tolerance, objectives, and circumstances.
- The duty of objectivity, in which the CFP professional must provide financial advice under a fee-only method of compensation and avoid any sales-related compensation.
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