Financial Services Review CE Exam: Vol. 34 No. 1

Self-study exam based on a thorough understanding of articles published in Volume 34, Issue 1 of Financial Services Review, the academic journal of the Academy of Financial Services. 

After reading and understanding the two articles required for this exam, the planner will understand:

1. Perception Bias in the Financial Knowledge of American Adults

• H.66. Behavioral finance
  • a. Identify how cognitive biases and heuristics can impact financial decision-making.
• G.64. Planning for special needs and circumstances
  • e. Integrate intra-family and generational planning strategies to maximize financial security over an extended period of time.
• H.66. Behavioral finance
  • a. Identify how cognitive biases and heuristics can impact financial decision-making.
• H.65. Client and planner attitudes, values, biases
  • c. Explain how a client’s values, including cultural and religious values and attitudes may impact their goals and the financial planning process. 

2. Inheritance Dissipation and the Case tor Time-Phased Estate Planning: An Empirical Assessment from HRS Data

3. Using the Four-Quadrant Model of Think/Feel/Fast/ Slow to Understand the Decision-Making of Self-Managed Superannuation Fund Trustees

4. Financial Satisfaction and Anxiety: Unpacking Resilience Among Asian Americans

Competency Level: Foundational

FPA Competency: Critical Thinking

CFP Board Topic: Psychology of Financial Planning

CFP Board CE Credit Hours: 4