Dalton CFP Review Exam Questions & Answers 2024/2025

Dalton CFP Review Exam Questions & Answers 2024/2025 Peril - ANSWERSProximate cause of a loss Hazard - ANSWERSCondition that creates or increases the likelihood of a loss Superannuation - ANSWERSRisk of outliving retirement funds Legal elements of a contract - ANSWERSCOALL Competent parties; Offer; Acceptance; Legal Consideration; Lawful purpose 6 Steps to Risk Mgmnt - ANSWERSDIE DIE Determine obj; Identify risks; Evaluate probability of loss; Determine alternatives; Implement; Evaluate/Monitor 5 Dividend Options of Participating Whole Life Policies - ANSWERSCRAPO Cash; Reduce prems; Accumulate at interest; Paid-up additions; One yr term (5th div option on exam) Notify CFP Board of chg to contact info w/in ______ dys & _______ dys for a conviction - ANSWERS45 & 10 calendar dys Define an invstmt advisor acc. to the Investment Advisor's Act of 1940 - ANSWERSABC providing Advice; in the Business; for Compensation ADV Part 1 contains? ADV Part 2 contains? - ANSWERSPart 1: Name, educ, bus & discipinary history for last 10 yrs Part 2: comp/fees, educ, invstmt obj, conflicts of interest, background of advisory personnel Advisor w/ $100mil must reg with _______________.