Sample of Practice CFP Exam Questions

 

One of the keys to being truly “exam ready” for the CFP Exam is to work as many sample practice CFP exam questions as possible.  There are a number of benefits to working practice CFP exam questions; here are a few:

  • It gives you an opportunity to practice what you know.
  • It will identify what you don’t know.
  • By getting questions right (and wrong) you are also learning the subtleties of how questions can be asked and how they should be answered.
  • Sometimes there are differences between academic and real world questions, such as margin trading and how much equity an investor is required to contribute under a margin call. 


I remember a students saying to me one time... “I know the material.  I know the material when you teach it and I know the material when we work a question in class.  However, when I work a problem on the same material by myself, I get it wrong.”  My response was, “Then you really don’t know the material.  You need to change the way you’re thinking and keep working practice questions on the topics you think you know.  Once your scores are 70%+, then you “know the material,” so keep working the practice CFP exam questions.”

I would suggest that at least half of your preparation time for the CFP exam should be spent working sample CFP exam questions.  As a benchmark, that means spending about 100 hours, working about 3,000 questions in total.  As part of The Dalton Review® for the CFP exam, we have approximately 1,500 questions in our pre-study materials and another 1,500 questions in our Online Examiner Test Bank.  Many of the questions in the pre-study materials and the Online Examiner Test Bank were developed by former members of the CFP Board of Examiners.

Click below if you would like to receive a sample of 50 CFP exam questions from The Dalton Review’s Online Test Bank.

Sample of Practice CFP Exam Questions from The Dalton Review Online Test Bank
 
You will be asked to provide your email address and the sample CFP exam questions will be emailed to you.

I hope you’ll find these practice questions useful as you prepare for the CFP exam.

Joseph M. Gillice, CPA, CFP®
President
Dalton Education, LLC