easy · Certified Financial Planner General Principles
A planner is working with the Nguyen family on a comprehensive plan. After gathering data, the planner discovers that a specific insurance product would pay a higher commission than a lower-cost alternative that is equally suitable.
Which rank of the hierarchy governs this decision?
- Rank 1: Duty of Loyalty.
- Rank 4: Disclosure.
- Rank 2: Process Precedence.
- Rank 7: Quantitative Optimality.
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