CFP Board Releases AI Guidance

CFP® Board Updates The CFP Board has released the Generative AI Ethics Guide: A Checklist for Upholding the Code and Standards to assist CFP® professionals in ethically integrating generative AI into their practices. The guide provides practical steps to address key concerns such as data privacy, accuracy, and bias, ensuring that AI enhances rather than compromises…

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5 Habits of Successful Examinees

CFP® Certificants in the News Successful people are simply those with successful habits  -Brian Tracy Habits are either your friend or foe. Take eating habits for example. According to WebMD the Mediterranean Diet is notable for: “Reducing the risk for cardiovascular diseases, such as heart attack and stroke Supporting a healthy weight, Supporting healthy blood sugar,…

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CFP Board’s Study Shows Impact of CFP® Professionals on Financial Well-Being

CFP® Board Updates The CFP Board has released the first findings from its Financial Planning Longitudinal Study, a decade-long research initiative analyzing the financial well-being of American households. The study’s initial results reveal a significant advantage for individuals who work with CERTIFIED FINANCIAL PLANNER® (CFP®) professionals, showing they achieve better financial outcomes and greater personal…

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AI — A Financial Advisor’s Friend

Good to Know AI can be a competitive advantage for savvy financial advisors. While its potential applications for financial advisors are yet to be fully realized, here are just 6 strategies to consider. Contact more clients— AI can assist in making your client communications more frequent, targeted, and meaningful.  For example, AI can manage client…

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CFP Board Announces Retirement of CEO

CFP® Board Updates The CFP Board has announced that Kevin R. Keller, CAE, will retire as Chief Executive Officer on April 30, 2026, after nearly two decades of leadership. During his tenure, Keller played a pivotal role in transforming the CFP Board and elevating the financial planning profession. To ensure a seamless transition, the Board…

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Free Money From Social Security For Public Sector Retirees

Good to Know Your client, or their parents, may be entitled to increased retirement benefits from Social Security as a result of The Social Security Fairness Act of 2025 (the Act).  Specifically public service workers may have been penalized if they qualified for Social Security Retirement benefits and they worked in a private sector job.…

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Savvy Moves To Pass The CFP Board Exam

CFP® Certificants in the News “I have seen the enemy and he is us.” This unlikely exam-taking advice comes to us courtesy of the late Walter Kelly, satirical cartoonist extraordinaire and creator of the wildly popular character of Pogo. Respectfully, the author has taken the liberty to slightly modify Mr. Kelly’s sentiment with “I have…

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CFP Board Records Milestone Year in 2024

CFP® Board Updates The CFP Board achieved record-breaking milestones in 2024, with the number of CFP® professionals reaching 103,093, a 4.3% increase from 2023. Additionally, 10,437 candidates sat for the CFP® exam, the highest in the Board’s history. These accomplishments align with the success of CFP Board’s public awareness campaign, which has significantly enhanced recognition…

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Counting Your Eggs Before They Hatch

Good to Know The Tax Cuts and Jobs Act (TCJA) of 2017 introduced significant tax reductions for individuals and businesses, with many provisions set to expire at the end of 2025. The likelihood of these provisions expiring depends on legislative actions taken before that deadline.  In this article we’ll review: The legislative environment, Key influences,…

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Don’t Miss These CFP Board Developments

CFP® Certificants in the News Just in case you missed these announcements, be aware that the CFP Board recently announced two significant developments. The Clock is Ticking: Comment Period Ending — Proposed Revisions to Competency Standards On December 17, 2024, the CFP Board’s Board of Directors sought public comment on proposed changes to the Competency…

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