Financial Services Review CE Exam: Vol. 33 No. 3

Self-study exam based on a thorough understanding of articles published in Volume 33, Issue 3 of Financial Services Review, the academic journal of the Academy of Financial Services. 

1. Is Using a Financial Advisor Related to Cryptocurrency Investment?

• D.35. Alternative investments and liquidity risk
  • a. Define and describe alternative investments (e.g., cryptocurrency).
  • iii. Explain advantages/disadvantages of incorporating alternative assets in portfolios.
• H.65. Client and planner attitudes, values, biases
  • a. Analyze client risk tolerance and attitudes.
• H.66. Behavioral finance
  • a. Identify how cognitive biases impact financial decision-making.

 2. From Intention to Adequate Emergency Fund Savings through Fintech Use

• B.9. Cash flow management
• H.65. Client and planner attitudes, values, biases
  • b. Explain how client psychology and values impact planning.
• H.66. Behavioral finance
  • b. Describe how a client's psychology, such as their financial comfort zone, socialization, money beliefs, and past financial experiences and behaviors impact their objectives, goals, understanding, decision making and actions.
• H.70. Crisis events with severe consequences
  • a. Plan/prepare/categorize and label funds to help clients navigate an unanticipated financial emergency.

3. Borrowing From Family and Friends: Study of the European Union

• B.10. Financing strategies and debt management
• H.67. Sources of money conflict
  • c. Identify areas of financial conflict between family members.

4. Central Bank Digital Currency in India: Perspectives on Design Choices and Implications of e-Rupee

• A.3. Function, purpose, and general structure of financial institutions
• D.35. Alternative investments and liquidity risk
  • a. Define and describe what qualifies as an alternative investment
  • i. Explain asset class and describe the basic differences between the traditional asset classes and alternative asset classes
• B.11. Economic concepts
  • iii. Business cycles, fiscal and monetary policy.

Competency Level: Foundational

FPA Competency: Critical Thinking

CFP Board Topic: Investment Planning

CFP Board CE Credit Hours: 3.5