Complying With The CFP Requirements

In the financial planning sector it is much appreciated if you are certified. This means that you are a Certified Financial Planner (CFP). This is a globally accepted credential that will serve as the benchmark of your financial planning career.

A Certified Financial Planner Certification is a designation awarded by the Certified Financial Planner Board of Standards (CFP Board) to those financial planners and other professionals who were able to complete the formal CFP course curriculum and most of all successfully passed the Certified Financial Planner Certification Examination. This is a post graduate certification that is earned by those people who want to further their career, apply for a higher or different job position, get a better salary compensation, broaden their knowledge, refine their skills and most of all keep up with the standards if the financial services industry.

The Certified Financial Planner certification can really do a lot to your career in the finance world. So if you aim for a successful career then you must take the CFP certification examination and ace it for you to achieve your goal of becoming a Certified Financial Planner. This certification will definitely set you apart from other financial planners because this will set an implication to your potentials clients and employers that you were able to earn the highest level of competency, professionalism and ethical practices that are vital in order for you to practice an independent career in the financial planning sector and at the same time as a member of the financial services industry.

There are CFP requirements that are set by the Certified Financial Planner Board of Standards (CFP Board) that you have to complete for you to earn the Certified Financial Planner. You have to meet the educational qualifications wherein you must earn a Bachelor’s degree or higher from any form of discipline as long as it is from an accredited college or university. In most cases it doesn’t matter what major you have but it would be better if you have a strong educational background in fields of finance, business, economics and management. That would be an advantage on your part. Aside from that you must also complete the formal CFP course program wherein you are required to take special course subjects that are vital in financial services.

These special course subjects are the major content of the certification exam that is why you must have a good review and lectures about it for you to gain the knowledge that you need. Here are the following special course subjects that you must complete: Fundamentals in Financial Planning, Estate Planning, Employee Benefits Planning, Income Tax Planning, Insurance Planning, Investment Planning, Retirement Planning, Case Study in Financial Planning and Capstone Course in Financial Planning.

Another requirement that you must complete is the three years full time work experience as a financial planner, assistant financial planner or any career related in the financial services industry. After completing both the educational qualifications and working experience you must then submit to a full back ground check so that the industry will be able to check if you have past or present legal issues. And lastly, you must closely adhere to the Code of Ethics set by the CFP Board.

It is very important that you comply with all the CFP requirements because this is the only way for you to be able to qualify in taking the certification exam. Once you complete all the requirements you can then apply and take the exam.

Visit www.financialplannerprogram.com for more information on these matters.