A Certified Financial Planner
The financial planning sector is one of the most in demand professionals in the financial services industry. This is the reason why the competition within the financial planning sector is starting to boost up. The best way for you to stand strong and keep up with everyone is to get certified. Anyone can be a financial planner but not everyone is certified.
Certified Financial Planners are licensed by the Certified Financial Planner Board of Standards and members of the Financial Planning Association. They are licensed professional who were able to complete the formal CFP course program and most of all passed the Certified Financial Planner Certification Examination. This is certification is a post graduate credential that is earned by professionals who want to further their career, strengthen their career, apply for a different or a higher job position, get a better salary compensation, broaden their knowledge, refine their skills and most of all keep up with the standards of the financial services industry.
Earning a Certified Financial Planner Certification can definitely help you be set apart from other financial planners because this would show how much you value your profession that you took time and effort to further and advance your career in this industry. Through having the CFP certification would imply to your potential clients and employers that you were indeed able to earn the highest level of professionalism, competency and ethical practices that are vital in the financial services industry. This will help you set forth a strong and solid career in financial services. Therefore, becoming a CFP professional can do a lot to your career in the financial services industry. This certification will increase your credibility in the financial planning sector thus making you a more marketable and profitable financial professional.
To be able to take the CFP Exam and earn the CFP Certification there are requirements that is set by the Certified Financial Planner Board of Standards (CFP Board) that you have to complete. You have to meet the educational qualifications wherein you have to earn a Bachelor’s degree or higher from any form of discipline as long as it is from an accredited college or university. Aside from that you must also complete the formal CFP course program that will require you to take special course subjects that are vital in financial services. These are the following special course subjects that you have to take:
- Fundamentals in Financial Planning Program
- Insurance Planning Program
- Income Tax Planning Program
- Investment Planning Program
- Estate Planning Program
- Employee Benefits Planning Program
- Retirement Planning Program
- Case Study in Financial Planning Program
- Capstone Course in Financial Planning Program
You must also have a three years full time working experience as a financial planner, assistant financial planner or any career related in financial services industry. Once you have completed both the educational qualification and working experience you can now apply and take the Certified Financial Planner Certification Exam. The only way for you to become a CFP professional is through passing the most challenging test in the financial services industry.