Question

What is the Chartered Financial Consultant?(1 point)

Responses

a designation that recognizes your skills and knowledge in the area of financial planning
a designation that recognizes your skills and knowledge in the area of financial planning

a license that allows you to trade securities
a license that allows you to trade securities

a designation that recognizes your skills and knowledge in the area of portfolio management and investment
a designation that recognizes your skills and knowledge in the area of portfolio management and investment

a license that allows financial advisors to charge advisory fees
a license that allows financial advisors to charge advisory fees

Answer 1

A) A designation that recognizes your skills and knowledge in the area of financial planning.

Step-by-step explanation:

The Chartered Financial Consultant (ChFC) is a professional designation that is awarded to individuals who have demonstrated their expertise and knowledge in the area of financial planning. The ChFC designation is granted by The American College of Financial Services, which is a non-profit educational institution that offers professional development programs and training for financial services professionals. The ChFC program covers a broad range of financial planning topics, including insurance, estate planning, retirement planning, investments, and taxation. Individuals who hold the ChFC designation have completed a rigorous program of study and have met certain experience and ethical requirements. They are considered experts in the field of financial planning and are often sought out by clients who are looking for help with their personal finances.