CFP® Certification CE

Ethics and Seniors: Understanding the Mature Market

Overview

Financial professionals who decide to work with seniors will find this unique market both challenging and rewarding. This course provides a broad overview of the unique social, familial, physical, and cognitive issues seniors face that may affect their financial decisions. It offers practical guidance that financial professionals can use to communicate effectively with seniors, to ensure suitable product recommendations, and to protect themselves from potential liability when working in this sector.

Summary Details

Hours

2.0

Price

$14.95





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Learning Objectives

  • Demonstrate an understanding of the characteristics of various senior age groups and the retirement goals common to these groups
  • Describe the physical, psychological, and cognitive changes that occur as people age
  • Recognize the decision-making process seniors use to select financial professionals and the traits they seek in advisors
  • Tailor presentation and communication styles to effectively communicate with senior clients
  • Recognize the signs of diminished cognitive capacity and elder financial abuse
  • Identify the specific steps financial professionals can take to provide ethical service to clients and to protect themselves from potential liability


Designed For:

Insurance professionals, financial planners, and advisors



Course Information

Adding additional credit may change exam requirements.

Access Period: 12 months
Prerequisites: None
Delivery Method: Self-Study
PDF Download: Available
Provider of Record: WebCE
Provider Number: 2257
Last Reviewed: March 2024
Study Level: Intermediate
Approved For: General

Exam

Proctor: No
Passing Grade: 70
Questions: 10



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