A prospective client asks a CFP® professional whether their planning recommendations are independent. The planner receives revenue-sharing payments from one fund family. The planner should:
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A
Confirm independence since revenue-sharing is not the same as a commission
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B
Disclose the revenue-sharing arrangement and explain how it may influence recommendations
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C
Decline to answer the question as it is proprietary business information
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D
Confirm independence because the fund choices are still ultimately the client's decision