Financial Planning Courses: Choosing a Financial Planner

Test your knowledge

Choose wisely. There is only one correct answer to each question.

0%
Keep studying!
Review your answers below to learn more.
1.
Where can you find financial planners?
Choose wisely. There is only one correct answer.
All of the above. Financial planners can be found in any of these locations.
2.
Financial planners must act in their clients' best interests when working with them.
Choose wisely. There is only one correct answer.
True. Although this is a generally accepted notion, some planners still do not act in their clients' best interest. That's why it is best to ask a lot of questions before hiring them.
3.
Why is it a good idea to evaluate your financial plan regularly?
Choose wisely. There is only one correct answer.
To make sure it is meeting your needs. You should evaluate your plan regularly because your goals might change, your investments might need to change -- and you might even need to change your planner.
4.
If a financial planner charges you a set amount of money for a financial plan, this money is called a _______.
Choose wisely. There is only one correct answer.
Fee. This is a set amount charged for services.
5.
Financial planning exists to help us become rich.
Choose wisely. There is only one correct answer.
False. Not everyone wants to get rich. But everyone wants to achieve their life goals, which is what financial planning is for.