This course integrates financial planning topics learned in the previous courses and demonstrates how to apply this knowledge to the development of a comprehensive financial plan. Students will learn how to construct a plan according to CFP Board's Financial Planning Practice Standards and client objectives.
This course provides a comprehensive examination of the general principles of fianancial planning, professional conduct and regulation, and education planning. These topics constitute 30% of the principle knowledge topics tested on the CFP Certification Examination. This course introduces students to the financial planning process and working with clients to set goals and assess risk tolerance. In addition, students will learn to process and analyze information, construct personal financial statements, develop debt management plans, recommend financing strategies, and understand the basic components of a written comprehensive financial plan. The course also covers the regulatory environment, time value of money, and economics concepts. This course is one of a series of seven courses required to sit for the CFP certification exam.