Which CFP Board Standard of Conduct requires Rachel to provide David with her new phone number?

Prepare for the Kaplan Certified Financial Planner (CFP) Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The correct answer pertains to the requirement that financial planners must ensure effective communication with their clients. Duties When Communicating With a Client emphasizes that professionals are obligated not only to provide necessary information but also to maintain clear lines of communication. This includes notifying clients of any changes that could affect their relationship or the service provided.

In this scenario, Rachel is expected to inform David of her new phone number to facilitate ongoing communication. Keeping the client informed helps maintain trust and ensures that the advisor can effectively provide services, respond to inquiries, and manage the client relationship efficiently. This principle underscores the importance of communication in the fiduciary duty financial planners owe to their clients.