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Financial Planning Courses: Choosing a Financial Planner

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1.
If you are charged money for stocks that you buy from your financial planner who is also a licensed stockbroker, that charge is called _______.
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A commission. Commissions are charged when you buy or sell a stock.
2.
A good financial planner will likely tailor a debt-ridden client's financial plan toward repaying debt rather than investing.
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True. Financial planners take stock of your current financial situation and tailor your plan to that.
3.
Which of the following areas should you ask your financial planner about?
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All of the above. You should ask your planner about his or her experience, licenses held, services offered, charges, and his or her approach to planning.
4.
To look up a financial planner to make sure he or she has not committed any violations, you can go to _______.
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BrokerCheck. BrokerCheck is a convenient online source that lets you look up a broker or financial planner to check for ethics or criminal violations.
5.
Before a financial planner can create a financial plan for you, what must both of you do?
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All of the above. You must get all of these settled before starting on a plan, because the plan will be based on them.