CFP Board Releases New Ethical Guides For Financial Planners

Posted on March 18th, 2022 at 1:39 PM
CFP Board Releases New Ethical Guides For Financial Planners

From the Desk of Jim Eccleston at Eccleston Law:

The Certified Financial Planner Board of Standards (CFP Board) has recently issued three new guides to assist certified financial planners in adhering to professional ethics standards in their practices.


Specifically, each guide discusses specific elements of the Board’s Code and Standards while additionally addressing how CFPs can meet their ethical obligations. The guides focus on topics such as satisfying the duty of care when providing financial advice as well as supervising material conflicts of interest.


The three new guides are titled: The Guide to Satisfying the Duty of Care When Providing Financial Advice That Does Not Require Financial Planning; The Guide to the 7-Step Financial Planning Process: A Case Study Illustration for Solo Practitioners; and The Guide to Managing Material Conflicts of Interest.


Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, regulatory and disciplinary matters.

 
 
 

Tags: eccleston law, cfp, financial planning

Return to Archive

TESTIMONIALS

Previous
Next

You guys are good!

Mike L.

LATEST NEWS AND ARTICLES

September 5, 2025
Merrill Lynch Advisor Faces FINRA Disciplinary Action for Refusing to Cooperate with Investigation

The Financial Industry Regulatory Authority (FINRA) has initiated disciplinary proceedings against former Merrill Lynch broker Ali F. Chehab of Portland, Oregon. According to ThinkAdvisor, FINRA alleges that he refused to cooperate in an investigation into potential misconduct, including unauthorized trading and material misrepresentati...

September 4, 2025
Wells Fargo Ties $2,000 Bonus to Non-Solicitation Clause, Raising Advisor Concerns

Wells Fargo & Co. recently issued a $2,000 bank-wide award to its 215,000 employees, following the Federal Reserve’s June decision to lift its asset growth restrictions.

September 3, 2025
Kansas City Advisory Firms Agree to $25.5 Million Settlement Over No-Poach Allegations

Mariner Wealth Advisors, along with two other Kansas City-area firms, has agreed to a $25.5 million class action settlement over allegations that they illegally agreed not to solicit each other’s advisors.