Let’s Make a Plan

The Certified Financial Planner Board has recently released a public awareness campaign about the importance of working with a CFP® professional. I’ve been a proud Certified Financial Planner since 2004 and I’m also proud of the work the board has done in creating this campaign. My friend Russell makes the point in his blog post that there are nearly 100 designations in our industry, and they’re not all created equally.

In order to become a Certified Financial Plannerâ„¢ you must satisfy four requirements:

  1. Education – You must have a bachelor’s degree, along with completing the coursework required by the CFP® board through a registered program.
  2. Examination – You must successfully pass the comprehensive exam, which is a 10 hour exam given over two days covering a broad range of topics.
  3. Experience – You must have three years of relevant, full-time experience in personal financial planning, essentially an apprenticeship or residency in financial planning
  4. Ethics – When the three above steps are completed, you have to submit to a review of your civil, criminal, governmental, and regulatory records to disclose any issues.

It’s a rigorous process, but one that serves the public good.  It ensures that those using the CFP® mark are professionals who have the necessary education and training to serve clients.

Choose a professional for your financial planning needs.  Choose a CFP®