Smarter Planner Podcast - CE Quiz - AI

You must complete this quiz and score 70% and above for a grade.

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* 1. First Name

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* 2. Last Name

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* 3. CFP ID

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* 4. What is one major reason that simply offering a financial plan is no longer a strong differentiator for advisors?

Financial plans are no longer in demand

Clients are unwilling to pay for planning services

Financial planning software is now widely available to consumers

Advisors can’t legally offer financial plans without CFP certification

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* 5. According to the episode, what is one major limitation of current AI-driven financial tools?

They are too expensive for most consumers

They cannot calculate complex math problems

They are unable to account for emotional and relational context

They provide inaccurate investment recommendations

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* 6. In the Vanguard study referenced in the episode, what did clients rank as the top value a human advisor provides?

Maximizing investment returns

Helping file tax returns

Knowing and understanding the client personally

Minimizing fees and expenses

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* 7. Which of the following skills was emphasized as increasingly important for financial advisors to develop in the future?

Technical portfolio optimization

Tax law knowledge

Empathy and active listening

Coding and AI development

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* 8. Why is relying solely on “being human” not a sufficient strategy to compete with advancing AI, according to the episode?

Clients don’t value emotional intelligence

Empathy can’t be learned

AI is beginning to mimic empathy effectively

Most advisors already display high emotional intelligence

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* 9. Which of the following best illustrates how advisors can provide value beyond what AI can offer?

Recommending low-cost ETFs

Automating retirement projections

Discussing how a client’s values align with financial goals

Providing same-day responses via a chatbot

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* 10. The podcast highlights a shift from ‘technical expert’ to what emerging role for modern financial advisors?

Tax strategist

Product salesperson

Behavioral coach and relational guide

Estate documentation expert

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* 11. Which of the following best explains why simply “being a good person” isn’t enough to future-proof your advisory business?

Clients prefer automated services

AI can now simulate human interactions more effectively than most advisors anticipate

Compliance requirements are increasing

Human behavior is too unpredictable for planning

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* 12. According to the podcast, what is the biggest threat to advisors who do not intentionally develop emotional intelligence?

Declining interest in retirement planning

Losing clients to lower-fee competitors

Being replaced by AI that can replicate surface-level empathy

Reduced access to planning software

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* 13. When the podcast host mentions that “plans are easy, but people are hard,” what key point is being made?

Advisors should focus more on spreadsheets than people

Plans rarely need customization

Building strong human relationships requires more skill and effort than producing a financial plan

Clients generally prefer digital tools over in-person meetings