3 credits
Spring 2026 Lecture Upper Division
As research in behavioral finance makes increasingly clear, understanding the psychology of financial behaviors is a critical skill for financial planners. Simultaneously, understanding ethical challenges to financial planners' own behaviors, and complying with new and ever more complex regulations, is a key requirement of successful and relevant financial planning and advice-giving. The course will enable students to be better financial planners by reviewing rules of behaviors for financial planners, improving students' capacity to provide fiduciary advice, and enhance their ability to integrate psychological insights into customers' financial behavior throughout the financial planning process.
Learning Outcomes1Identify ethical issues and compliance matters in the field of financial counseling and planning.
2Evaluate client and planner attitudes, values, biases, behaviors, and their impact on the financial planning relationship.
3Demonstrate understanding of The CFP Board's Code of Ethics and Professional Responsibility and Rules of Conduct; Disciplinary Rules and Procedures, and Financial Planning Practice Standards.
4Apply basic knowledge of behavioral finance and its impacts on clients' financial needs (including in times of crisis).
Prerequisites
Restrictions
made by Purdue students.