CE Credit Quiz:
Taking the Mystery Out of Lending for the Financial Advisor

There are 10 multiple choice questions. If you receive a passing score of 70% of higher, Envestnet will submit your information for CE credit on your behalf. Please reach out to envestnetinstitute@envestnet.com if you have any further questions.

Question Title

* Name

Question Title

* Firm

Question Title

* CFP ID

Question Title

* CIMA ID

Question Title

* What factor in the Envestnet Financial Wellness circle does lending fit into?

Financial Planning

Protecting Capital

Managing Credit

Investing

Question Title

* Delivering comprehensive planning and seamless integration of solutions, driven by data is part of which phase in the Evolution of Advice?

4.0 Financial Wellness

3.0 Financial Planning

2.0 Packaging and Selection of Products

1.0 Product Access

Question Title

* According to the Spectrem 2018 Defining Wealth Management Study, what percentage of clients expected loan and credit management?

63%

73%

83%

93%

Question Title

* According to the Spectrem 2018 Defining Wealth Management Study, what percentage of clients received loan and credit management?

20%

10%

Question Title

* Which of the following is NOT an emerging core advisory service?

Tax management

Insurance planning

Credit and mortgage management

Health care

Question Title

* When was the “lending gap” created in the securities industry?

2000-2007

2008-2009

2010-2014

2015-2017

Question Title

* Which firm led the securities industry into adding banking & lending programs?

Morgan Stanley

Merrill Lynch

Goldman Sachs

Supernova Lending

Question Title

* All of the following are now true EXCEPT:

Liability Management is now both a requirement and an opportunity

Fully integrated wealth management is no longer limited to the top few firms

Industry leaders are working to replace product-driven strategies with Liability Management advice-driven programs

The gap between Wirehouses and the rest of the industry continues to grow

Question Title

* Which of the following is NOT part of the advisor lending opportunity in 2019?

Automated access

Fewer industry regulators

Pre-qualified loans

Multiple loan options

Question Title

* Advisors tend to avoid credit due to these risks EXCEPT:

Too many product offerings

Client applying for a loan and being declined

Concerns about the terms being competitive

Uncertainty about potentially lengthy processes to execute loans

CE Credit Quiz: Taking the Mystery Out of Lending for the Financial Advisor

Question Title

* Name

Question Title

* Firm

Question Title

* CFP ID

Question Title

* CIMA ID

Question Title

* What factor in the Envestnet Financial Wellness circle does lending fit into?

Question Title

* Delivering comprehensive planning and seamless integration of solutions, driven by data is part of which phase in the Evolution of Advice?

Question Title

* According to the Spectrem 2018 Defining Wealth Management Study, what percentage of clients expected loan and credit management?

Question Title

* According to the Spectrem 2018 Defining Wealth Management Study, what percentage of clients received loan and credit management?

Question Title

* Which of the following is NOT an emerging core advisory service?

Question Title

* When was the “lending gap” created in the securities industry?

Question Title

* Which firm led the securities industry into adding banking & lending programs?

Question Title

* All of the following are now true EXCEPT:

Question Title

* Which of the following is NOT part of the advisor lending opportunity in 2019?

Question Title

* Advisors tend to avoid credit due to these risks EXCEPT:

CE Credit Quiz:
Taking the Mystery Out of Lending for the Financial Advisor