What It Takes To Be A Certified Financial Planner?
The only way for you to keep up and stand strong amidst the tight competition is to get certified. Earning the CFP Certification is the best way for you to be set apart from other financial planners. Anyone can be a financial planner but not everyone is a Certified Financial Planner. And believe me there is so much truth to that.
Certified Financial Planner professionals are licensed by the Certified Financial Planner Board of Standards and at the same time members of the Financial Planning Association. These licensed professional who were able to complete the formal CFP course program and most of all passed the CFP Certification Examination. By becoming a CFP professional more doors will definitely open for you in any industry you are in, thus making you a more marketable financial planning professional.
The financial planning sector is very in demand in the financial services industry and with the competition amongst financial planners is extensively high. Through earning a CFP Certification you will be able to set forth a strong and solid financial planning career. It has been known that the CFP Certification is a post graduate certification 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. Therefore, in becoming a CFP professional your financial planning career will definitely flourish.
So how can you be a CFP professional? The only answer to that is through successfully passing the CFP Certification Examination. This is an assessment exam that will gauge all your learning and skills in all aspects of financial services. However, for you to qualify on taking the said exam you must first complete all the CFP requirements set by the CFP Boards.
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 special course subjects are also very helpful in order for you to successfully pass the CFP Certification Exam.
Listed below are the 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 also have to complete the three years work experience as a financial planner or any career related in the financial services industry. After completing the educational and work requirements you must then submit to a full background check and lastly must adhere to the Code of Ethics set by the CFP Boards.
You have to do all these in order for you to successfully earn the CFP Certification. Because earning 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 order for you to start and independent career in the financial planning sector and at the same time as a member of the financial services industry. In this way, you will really have a more successful financial planning career.
Know about becoming a Certified Financial Planner and how important this is for your financial planning career. Find out more about becoming a Certified Financial Planner by visiting and discover more about the CFP career.