CFP Flashcards

Decks in this Class (51):

• Rules Of Conduct

  Rules of Conduct

  Sample Cards:

  what are the rules of conduct,

  1,

  11
  37 Cards
  Preview Flashcards
• Code Of Ethics

  Code of Ethics

  Sample Cards:

  principle 1,

  principle 2,

  principle 3
  7 Cards
  Preview Flashcards
• Financial Planning Practice Standards

  Financial Planning Practice Standards

  Sample Cards:

  what are the practice standards intended,

  practice standards 100 series,

  100_1
  27 Cards
  Preview Flashcards
• Candidate Fitness Standards

  Candidate Fitness Standards

  Sample Cards:

  what are the fitness standards,

  conduct deemed unacceptable,

  conduct deemed a presumptive bar
  4 Cards
  Preview Flashcards
• Function Purpose And Regulation Of Finan

  Function, Purpose, and Regulation of Financial Institutions

  Sample Cards:

  banks,

  who regulated banks,

  credit unions
  13 Cards
  Preview Flashcards
• Financial Services Regulations And Requi

  Financial Services Regulations and Requirements

  Sample Cards:

  registration and licensing,

  primary finra licenses,

  two primary insurance licenses
  20 Cards
  Preview Flashcards
• Financial Planning Process

  Financial Planning Process

  Sample Cards:

  what is the purpose of the financial pla,

  steps in the financial planning process,

  establishing client planner relationship
  7 Cards
  Preview Flashcards
• Cash Flow Management

  Cash Flow Management

  Sample Cards:

  three stages in the budgeting process,

  liquidity,

  marketability
  10 Cards
  Preview Flashcards
• Economic Concepts

  Economic Concepts

  Sample Cards:

  law of demand,

  elastic,

  inelastic
  20 Cards
  Preview Flashcards
• Education Funding

  Education Funding

  Sample Cards:

  needs analysis,

  american opportunity credit,

  calculating the american opportunity cre
  16 Cards
  Preview Flashcards
• Principles Of Risk And Insurance

  Principles of Risk and Insurance

  Sample Cards:

  risk,

  peril,

  hazard
  27 Cards
  Preview Flashcards
• Health Insurance And Health Care Cost Ma

  Health Insurance and Health Care Cost Management

  Sample Cards:

  coinsurance,

  stop loss limit,

  deductibles
  40 Cards
  Preview Flashcards
• Disability Income Insurance Ltc

  Disability Income Insurance & LTC

  Sample Cards:

  three primary definitions of disability,

  social security definition of disability,

  own occupation
  16 Cards
  Preview Flashcards
• Life Insurance

  Life Insurance

  Sample Cards:

  two primary types of life insurance,

  factors to consider when choosing life i,

  participating and non participating poli
  47 Cards
  Preview Flashcards
• Characteristics Uses And Taxation Of Inv

  Characteristics, uses, and taxation of investment vehicles

  Sample Cards:

  cash and cash equivalents,

  certificate of deposit cd,

  money market funds
  36 Cards
  Preview Flashcards
• Types Of Investment Risk

  Types of Investment Risk

  Sample Cards:

  systematic risk,

  purchasing power risk,

  reinvestment rate risk
  15 Cards
  Preview Flashcards
• Quantitative Investment Concepts

  Quantitative Investment Concepts

  Sample Cards:

  normal probability distribution,

  lognormal probability distribution,

  skewness
  18 Cards
  Preview Flashcards
• Measures Of Investment Return

  Measures of Investment Return

  Sample Cards:

  geometric average return,

  time weighted return,

  dollar weighted return
  11 Cards
  Preview Flashcards
• Investment Theory

  Investment Theory

  Sample Cards:

  modern portfolio theory,

  capital market line cml,

  mean variance optimization
  22 Cards
  Preview Flashcards
• Bond And Stock Valuation Concepts

  Bond and Stock Valuation Concepts

  Sample Cards:

  bond relationships,

  bond duration,

  duration convexity relationships
  8 Cards
  Preview Flashcards
• Portfolio Development And Analysis

  Portfolio Development and Analysis

  Sample Cards:

  fundamental analysis,

  top down analysis,

  bottom up analysis
  16 Cards
  Preview Flashcards
• Investment Strategies

  Investment Strategies

  Sample Cards:

  market timing,

  buy and hold,

  portfolio immunization
  17 Cards
  Preview Flashcards
• Alternative Investments

  Alternative Investments

  Sample Cards:

  real estate investments,

  net operating income noi,

  reits
  10 Cards
  Preview Flashcards
• Securities Laws

  Securities Laws

  Sample Cards:

  securities act of 1933,

  securities exchange act of 1934,

  securities and exchange rule 145
  17 Cards
  Preview Flashcards
• Income Tax Law Fundamentals

  Income Tax Law Fundamentals

  Sample Cards:

  primary sources of tax law,

  statutory primary sources,

  executive primary sources
  31 Cards
  Preview Flashcards
• Income Tax Compliance Calculations

  Income Tax Compliance & Calculations

  Sample Cards:

  form 1040ez,

  married filing jointly,

  married filing separately
  60 Cards
  Preview Flashcards
• Characteristics And Income Taxation Of B

  Characteristics and Income Taxation of Business Entities

  Sample Cards:

  sole proprietorship,

  general partnership,

  limited partnership
  38 Cards
  Preview Flashcards
• Income Taxation Of Trusts And Estates

  Income Taxation of Trusts and Estates

  Sample Cards:

  filing requirements,

  choice of taxable year,

  tax treatment of distributions to benefi
  11 Cards
  Preview Flashcards
• Alternative Minimum Tax Amt

  Alternative Minimum Tax (AMT)

  Sample Cards:

  amt,

  computing the amti,

  private activity bonds
  12 Cards
  Preview Flashcards
• Tax Reduction Minimization Techniques

  Tax Reduction/Minimization Techniques

  Sample Cards:

  income shifting,

  intra family transfer of closely held bu,

  deferral of income
  6 Cards
  Preview Flashcards
• Tax Consequences Of Property Transaction

  Tax Consequences of Property Transactions

  Sample Cards:

  capital assets defined,

  basis,

  basis for gifts
  33 Cards
  Preview Flashcards
• Passive Activity And At Risk Rules

  Passive Activity and At-Risk Rules

  Sample Cards:

  at risk rules,

  passive activity,

  material participation
  7 Cards
  Preview Flashcards
• Tax Implications Of Special Circumstance

  Tax Implications of Special Circumstances

  Sample Cards:

  dependency exemptions,

  filing status,

  medical expenses
  16 Cards
  Preview Flashcards
• Charitable Philanthropic Contributions A

  Charitable/Philanthropic Contributions and Deductions

  Sample Cards:

  charitable contrbutions,

  tax exempt entities,

  public charities
  16 Cards
  Preview Flashcards
• Social Security And Medicare

  Social Security and Medicare

  Sample Cards:

  paying into the system,

  who is not covered by oasdi,

  family employment rules
  15 Cards
  Preview Flashcards
• Medicaid

  Medicaid

  Sample Cards:

  program structure,

  mandatory benefits,

  optional benefits
  14 Cards
  Preview Flashcards
• Types Of Retirement Plans

  Types of Retirement Plans

  Sample Cards:

  qualified plans,

  characteristics of qualified plans,

  characteristics of non qualified plans
  23 Cards
  Preview Flashcards
• Qualified Plan Rules And Options

  Qualified Plan Rules and Options

  Sample Cards:

  age and service requirements and minimum,

  qualified plans minimum coverage require,

  highly compensated employees hces
  26 Cards
  Preview Flashcards
• Other Tax Advantaged Retirement Plans

  Other Tax-Advantaged Retirement Plans

  Sample Cards:

  traditional ira contributions,

  calculation of partial ira deduction,

  roth ira
  11 Cards
  Preview Flashcards
• Regulatory Considerations

  Regulatory Considerations

  Sample Cards:

  erisa,

  department of labor regulations,

  fiduciary
  11 Cards
  Preview Flashcards
• Key Factors Affecting Plan Selection For

  Key Factors Affecting Plan Selection for Businesses

  Sample Cards:

  profit sharing plan suitability factors,

  profit sharing plan advantages,

  profit sharing plan disadvantages
  29 Cards
  Preview Flashcards
• Distribution Rules And Taxation

  Distribution Rules and Taxation

  Sample Cards:

  circumstances where 10 early withdrawal,

  substantially equal and periodic payment,

  minimum distribution method 72 t
  29 Cards
  Preview Flashcards
• Business Succession Planning

  Business Succession Planning

  Sample Cards:

  succession planning importance,

  documenting guidelines for family partic
  2 Cards
  Preview Flashcards
• Characteristics And Consequences Of Prop

  Characteristics and Consequences of Property Titling

  Sample Cards:

  community property states,

  sole ownership,

  jtwros
  19 Cards
  Preview Flashcards
• Strategies To Transfer Property

  Strategies to Transfer Property

  Sample Cards:

  the probate process,

  operation of law,

  trusts
  27 Cards
  Preview Flashcards
• Estate Planning Documents

  Estate Planning Documents

  Sample Cards:

  types of fiduciaries,

  fiduciary duties,

  power of attorney poa
  16 Cards
  Preview Flashcards
• Gift And Estate Tax Compliance

  Gift and Estate Tax Compliance

  Sample Cards:

  gift tax filing requirements,

  differences between gift and estate taxe,

  qualified transfers
  32 Cards
  Preview Flashcards
• Sources Of Estate Liquidity

  Sources of Estate Liquidity

  Sample Cards:

  estate liquidity defined,

  techniques for improving estate liquidit,

  buy sell agreements
  19 Cards
  Preview Flashcards
• Types Features And Taxation Of Trusts

  Types, Features, and Taxation of Trusts

  Sample Cards:

  simple and complex trusts,

  testamentary trust,

  totten trust
  22 Cards
  Preview Flashcards
• Marital Deduction

  Marital Deduction

  Sample Cards:

  marital deduction requirements,

  life estates,

  power of appointment trust marital or a
  23 Cards
  Preview Flashcards
• Intra Family And Other Business Transfer

  Intra-Family and Other Business Transfer Techniques

  Sample Cards:

  grantor trusts,

  grantor retained income trust grit,

  nonfamily grits
  21 Cards
  Preview Flashcards