If
you want to be a high qualified financial planner you must earn strong
credentials that can change your financial planning career. Both the financial
planning sector and the financial services industry are highly regulated
sectors and with that means that the competition within this industry is
extremely tough. That is why it is very important that you earn certifications
that can boost up your career. To get straight to the point I am talking about
the prestigious Certified Financial Planner Certification.
A
Certified Financial Planner Certification is the designation awarded by the
Certified Financial Planner Board of Standards to those individuals who were
able to complete all the requirements and at the same time successfully passed
the Certified Financial Planner Certification Examination.
The
CFP Certification is the credentials earned by those professionals who wish
attain a better and stronger career in the financial planning sector. These are
also individuals who aim to further their career, broaden their knowledge,
improve their skills, apply for a higher or different job position, get better
salary compensation and most of all keep up with the standards of the financial
services industry.
The
financial services industry is one of the most regulated industries. This is
the reason why it matters a lot that financial professionals must remain and
continue to be qualified and suitable with their positions in the industry. In
becoming a Certified Financial Planner you will be able to set forth a strong
and solid career in both the financial planning sector and the financial
services industry. With such strong credential you will surely be regarded as a
high qualified financial planner thus making you a more marketable financial
planning professional.
To
achieve the CFP Certification and become a Certified Financial Planner you have
to meet all the requirements set by the Certified Financial Planner Board of
Standards. The educational tracks for the Certified Financial Planner
Certification is earning a Bachelor’s Degree or higher from any field 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.
Listed
below are the 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
On
top of that you are also required to have three years working 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 background
check. And lastly, you must adhere closely to the Code of Ethics set by the CFP
Board.
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