Compliance Hub+

CFP Board of Standards

Ethics Course

as mandated and updated in July 2024

FPAAZ: Course Sponsor and Instructor

 title: Practical Ethics+

Course #255247

2 Hr CFP Ethics CE Credit

Insurance Ethics Course

Ethics Credit for licensed insurance planners when approved in advance by your state authority.

Also approved for IAR/RIA Ethics credit

title:  Good People.  Bad Things.+

Workshop Format - 4 hours.

Link to Booking Forms

note:  Catalysts may book Practical Ethics+ for their internal firm conferences or trainings without paying honorarium.

Link to Booking Forms

note:  Catalysts may book Good People. Bad Things.+ for their internal firm conferences or trainings at 50% honorarium.

Central Virginia

Florida

Georgia

Greater Kansas City

Minnesota

East Tenessee

Greater Indiana

Greater Memphis

Illinois

Connecticut

National Capitol Area

Northeast Florida

Metro New York

New England

North Alabama

Orange County

Southern Arizona

Tampa Bay

Los Angeles

Triangle

Middle Tennessee

New Jersey

Ventura

Sun Coast

Learning that Sticks!

Implementation and Best Practices

Understanding and Applying a Duty of Care

CFP®  Professionals owe a Fiduciary Duty when providing Financial Advice to clients.  The 3 prong definition includes a Duty of Loyalty, a Duty to Follow Client Instructions, and a Duty of Care.

Guidance for meeting your Duty of Care points to a consistent process for decision making.  When providing Financial Advice, a 7 step process, and when providing Financial Planning, the 7 step Financial Planning Practice Standards.

In the FPAAZ Boardroom, decision making following a Dynamic Governance model requires well formed proposals before a consent action is likely.  The Duty of Care when applied to proposal building reinforces the value of knowing and purposefully applying the Duty of Care steps.  Our board members implement their Duty of Care as a normal and ordinary course of business before making decisions. 

In the FPAAZ General Circle, the Duty of Care is learned and actively practiced most overtly with our Professional Relations teamwork as we seek to enter into Memorandums of Understanding with other organizations sharing our interest in a more financially literate Arizona.  The Duty of Care has been baked into the teamwork and toolkits around our Professional Development programming calendar.  The Duty of Care and the Duty of Loyalty greatly influenced our Win Win Win Partnership platform.  The Duty of Care underpins our Financial Literacy Course review. 

Within our PDP+ curriculum, financial planning professionals develop the communications, teamwork, and leadership skills needed to successfully implement the Duty of Care consistently when working with fellow professionals and clients.

Within your firm, when you encourage your professionals to volunteer and become active with FPAAZ at any level, they will consistently receive mentoring and coaching that overtly references and acknowledges the Code of Ethics and Standards of Conduct and puts the 3 pillars of the Fiduciary Duty into daily practice.  The Culture of FPAAZ makes your work as an Owner or Manager wanting a consistently compliant company more certain to succeed.

Under Construction:  CHART: Duty of Care steps as they are exemplified and practiced within FPAAZ Compliance Hub+, PDP+, and FPAAZ culture.