What Is A CFP Exam Prep?
The Certified Financial Planner Certification designation is the definitive mark of one’s competence in his or her career in the financial services industry. This is the designation awarded to those financial planners and other financial professionals who were able to complete the formal CFP course and at the same time passed the Certified Financial Planner Certification Examination.
The Certified Financial Planner Certification is a post graduate certification that is taken by those professionals who want to further their careers, broaden their knowledge, refine their skills, apply for a higher or different job position, get a better salary compensation and most of all keep up with the standards of the financial services industry. This CFP certification will also imply to your potential clients and employers that you were able to earn the highest level of professionalism, competency and ethical practices that you vital in order for you to practice an independent career in the financial planning sector and at the same time a member of the financial services industry.
The Certified Financial Planner Exam is administered by the Certified Financial Planner Board of Standards (CFP Board) in which it focuses on over a hundred of topics that talk about the financial planning field. This includes the investment planning, insurance planning, income tax planning, estate planning, retirement planning and many more. This certification examination is designed by the Certified Financial Planner Board of Standards in order to assess your ability and integrate and broad base of financial planning knowledge that is applicable to real life financial planning situations.
The CFP Certification Examination is a 10 hours exam that is divided in two days. On the first day you will take the exam for 4 hours then on the second day it will be divided into 2 three hours session. There will be about 285 test questions that will cover all areas of financial planning as well as financial services field. The reference for the passing score is that the performance is being measured according to a set level of required competency rather than the scores of the other examiners who took the same exam. This is done in order to prevent any advantages or disadvantages that might occur when past exams were of lower or higher difficulty.
It takes a rigorous study and review in order for you to pass this certification exam. It has been known that the CFP certification exam is one of the most challenging exams in the financial services field. By having a good CFP exam prep you will be able to gain the knowledge and learning that you will need in order for you to pass the CFP certification exam. That is why it is very important that you have a good CFP exam prep that will serve as your guide in preparing for the most challenging exam in the financial services industry.
Know about having a good CFP exam prep and how it can help you in your preparation. To understand more about the CFP exam prep you can go to <ahref=””> and learn more about CFP professionals.