Part I　Lead-in Activities

Directions:You will hear a passage about types of financial advisors.The words or phrases listed below will be of some help to you.

resolution n.［物］分辨率；决议；解决；决心

by word of mouth:by spoken rather than written means当面告诉；口说，口头地

recommend v.推荐，介绍；劝告；使受欢迎；托付；建议

financial planning industry财务计划产业

credential n.a document attesting to the truth of certain stated facts证书；凭据；国书

certification n.证明；证明书；保证

certified adj.被证明的；有保证的；具有证明文件的

Board of Standards标准委员会

abide by v.遵守；信守；承担……的后果

codes of ethics道德标准；伦理准则

chartered adj.受特许的

designate v.指定；指派；标出；把……定名为　adj.指定的；选定的

underwriter n.保险公司；保险业者；承诺支付者；担保人

portfolio management组合管理；资产组合管理；证券投资管理

standards of conduct行为准则

Institute of Certified Public Accountants公共注册会计师协会

Securities and Exchange Commission（美）证券交易委员会

Complete the following paragraphs according to the recording you have just heard.

In recent times there has been much____1__and debate about the____2__of financial advisors by state and____3__governments.But you should be on the____4__side as there still has not been a__5__to the issue.Because of this，the key to choosing the____6__financial advisor for you is to do your homework.If you plan____7__letting an advisor handle your____8__，make sure it is someone you can trust and who has a____9__track record with other investors.

Many people find financial advisors by word of___10___using friends and family for information on how their advisor has treated them.This can be a good way to look for one but you still must do your homework in___11___the right financial advisor.Anyone can call themselves a financial advisor，even someone with little or no___12___training at all.Even financial advisors that are___13___by a state or federal government may only be licensed to do specific things like___14___and sell insurance policies.So be sure to find the financial advisor who will be suited to the type of financial activity you will be___15___in.

Judge whether the following statements are true or false according to the listening material you have just heard.

1.A CLU must also meet experience requirements and pass an exam on designated subjects.

2.Certified Financial Planners have also sworn to abide by the specified codes of ethics.

3.In order to become a ChFC there are experience requirements and an exam must be passed on designated subjects.

4.A CFA does not have to possess any specialized financial training but they often do.

5.RIA is awarded to financial analysts with experience who have passed exams in the subjects of economics，portfolio management，security analysis，financial accounting，and standards of conduct.