Top 5 Reasons to Become a CFP® Professional

Client Trust and Respect — According to Forbes, CFP^® certification is among the most trusted financial planning certifications. It is highly valued by clients seeking a qualified, ethical, and reliable advisor.  Informed clients cite a robust Code of Ethics and rigorous ethics enforcement as important factors in earning their trust.

Higher Earning Potential — Studies by the CFP Board and others report that the average highly experienced CFP^® professional earns a median annual income of about $325,000. Even those with limited experience earn 10% or more than financial advisors without CFP^®

Career Opportunities —CFP^® certification opens doors to a variety of financial planning roles, including personal financial advisors, wealth management, insurance planning, estate planning, tax planning, and retirement consulting.  Employers may look for CFP^® certification when promoting advisors to senior positions, such as financial planners, consultants, or wealth managers. Here’s an interesting question — how satisfied is the average CFP^® certificant with their career choice?  Astoundingly, about 9 of every 10 are highly satisfied or satisfied according to CFP Board.

Growing Demand for Financial Planners — Demographics may be creating a perfect storm here.  Almost 40% of existing financial advisors are expected to retire in the next ten years. Couple that with an unprecedented number of baby boomers retiring over the next ten years and you can see why financial planning, especially for those with CFP^® certification, is expected to be a top career choice.

Entrepreneurial Opportunities — What if you’re attracted to the autonomy, flexibility, and earnings potential of owning your financial advisory and planning firm?  As an independent CFP^®professional, you can serve clients based on your own values and business model.