Working With A Certified Financial Planner
The best way for you to be set apart from other financial planners is to get certified. As we know, anyone can be a financial planner but not everyone is a Certified Financial Planner.
A Certified Financial Planner Certification is the designation awarded to those financial planners and other professionals who were able to complete the formal CFP course program and passed the CFP Certification Examination. The CFP certification is a post graduate certification that is earned by those individuals who want to further their career, strengthen their career, broaden their knowledge, enhance 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 will set you apart from other financial planners because this would imply to your potential clients and employers that you were able to earn the highest level of professionalism, competency and ethical practices that are vital in the financial services industry. Through earning the CFP certification you will also be able to broaden your knowledge and refine your skills in financial services. With that you will be able to stay up to date and current with any changes and development that is taking place within the financial services industry, thus this is the best way in order for you to keep up with this fast changing industry. So if you want to have a strong and solid career in the financial services industry you must earn the Certified Financial Planner Certification.
To become a Certified Financial Planner it is important that you meet all the requirements that is set by the CFP Board of Standards. You must meet the educational qualification that will require you to have a Bachelor’s degree or higher from any form of discipline as long as it is from an accredited college or university. You also have to complete the formal CFP course program that will require you to take special course subjects that are vital in financial services.
Here are the special course subjects that you have to complete:
- 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 case in financial planning program
Another requirement that you have to complete is the three years work experience as financial planner, assistant financial planner or any career related in the financial services industry. After completing the said requirements you must then submit to a full background check for the industry to see if you have any legal issues. And lastly, you must adhere to the Code of Ethics set by the CFP Board.
In the financial services industry the more knowledgeable you are the more they appreciate you. And through earning this certification and becoming a CFP will certainly help you be the best financial planning professional.