CFP Practice Questions - Certified Financial Planner Exam

Which of the following best describes the CFP Board's Duty of Loyalty?

The CFP professional must always recommend the lowest-cost product available The CFP professional must place the interests of the client above the interests of the CFP professional and the firm The CFP professional must never receive commissions from product sales The CFP professional must provide identical recommendations to all clients with similar net worth

Correct Answer:

The CFP professional must place the interests of the client above the interests of the CFP professional and the firm

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