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When you hire a CFP® professional, you work with an advisor who has met rigorous qualifications for financial planning. The course load is extensive, the exams are thorough and they must extensive experience working in the practice areas. Most important, a CFP® professional has made a commitment to the CFP Board to act in the best interests of their client. CERTIFIED FINANCIAL PLANNING PRACTIONERS have demonstrated the knowledge required to deliver holistic financial planning. They meet the legal standard of a fiduciary.
CFP® practitioners are rigorously trained in 72 areas of financial expertise. They must accrue thousands of hours of experience. They have to master every topic on integrated financial planning in addition to passing a comprehensive two-day 10-hour CFP Certification Examination that tests their ability to apply their financial knowledge in an integrated format. Based on regular research of what planners do, the exam covers the financial planning process, tax planning, employee benefits and retirement planning, estate planning, investment management and insurance. Only those who have fulfilled the certification and renewal requirements of the CFP board can display the CFP® certification marks. When selecting a financial planner, you need to feel confident that the person you choose to help you plan for your future is competent and ethical. The CFP® certification can help provide a sense of security by allowing only those who meet the education, examination, experience and ethics requirements the right to use the CFP mark.
For more information about the CFP® certification visit http://www.letsmakeaplan.org/