Which of the following is/are requirements of the fiduciary…

Which of the following is/are requirements of the fiduciary duty under the Code and Standards? The duty of loyalty, in which the CFP® professional must place the interests of the client ahead of the interests of the CFP® professional or the CFP® professional’s firm.” The duty of care, in which the CFP® professional must act with the care, skill, prudence, and diligence that a prudent professional would exercise considering the client’s goals, risk tolerance, objectives, and circumstances. The duty of objectivity, in which the CFP® professional must provide financial advice under a fee-only method of compensation and avoid any sales-related compensation.

John is a CFP® professional and is engaged in the financial…

John is a CFP® professional and is engaged in the financial planning process with his client Frank. John is in the data gathering process and has collected bank statements, insurance policies, estate documents, and all other relevant information with the exception of tax returns. Frank refuses to supply the tax returns or any documents that support his income claims. John’s best course of action is to?  

Use the following data to answer the question: Pat and Mari…

Use the following data to answer the question: Pat and Marie have the following expenses and account balances: Pat’s annual 401(k) plan contribution: $16,500 Pat’s annual salary: $100,000 Current liabilities: $24,000 Housing costs (P&I&T&I) monthly: $2,167 Cash & Cash equivalents: $18,000 Monthly nondiscretionary cash flows: $6,000 Monthly debt payments other than housing $500 * Pat’s employer matches $1 for $1 up to 3% of Pat’s salary in his 401(k) plan. Based on the information above, calculate Pat and Marie’s housing ratio 2.  

Use the following data to answer the question: Pat and Mari…

Use the following data to answer the question: Pat and Marie have the following expenses and account balances: Pat’s annual 401(k) plan contribution: $16,500 Pat’s annual salary: $100,000 Current liabilities: $24,000 Housing costs (P&I&T&I) monthly: $2,167 Cash & Cash equivalents: $18,000 Monthly nondiscretionary cash flows: $6,000 Monthly debt payments other than housing $500 * Pat’s employer matches $1 for $1 up to 3% of Pat’s salary in his 401(k) plan. Based on the information above, calculate Pat and Marie’s current ratio.