CFP Board Updates
CFP Board Changes Experience Requirement
The CFP Board has recently altered a key component to CFP certification – the experience requirement. Previously, those seeking CFP certification were required to gain three (3) years of relevant financial planning experience prior to the CFP Board of Standards issuing the CFP marks. On September 1, 2012, the Board will now recognize two (2)…
Read MoreHow Has the CFP Board Changed the Education Reporting Process?
The Certified Financial Planner Board of Standards has updated the way student completion of educational programs, such as ours, are reported. Previously, when students would complete their CFP® Certification Education, the process for reporting that completion would be as follows: Students receive a letter of completion from their educational provider Students send the letter of completion to the…
Read MoreThe Financial Plan Development Course Now a Requirement of All CFP Educational Programs
Happy New Year! We hope you are off to a great start in 2012! As you may know, 2012 is a year of changes for CFP Educational Programs. This online financial planner program is no different. Over the recent months, the consortium of university partners working closely with the wealth management industry leader, Greene Consulting,…
Read MorePart 3: How Do the New CFP Certification Education Requirements Impact CFP Board Exam Challengers?
How Do the New CFP® Certification Education Requirements Impact Exam Challengers? Before answering the question, let’s first address what is an “exam challenger”? Most people who hold the CFP® Certification have gone through the process of enrolling in and completing an educational program at an approved institution. However, if you meet certain requirements, such as holding…
Read MorePart 2: What do Financial Advisors and Career Changers Need to Know About the CFP Board 2012 Requirement Changes?
With our firm working with some of the largest Financial Services firms in the industry, we have fielded many questions concerning the January 1, 2012 CFP Board requirement change. Both Advisors and individuals entertaining Financial Planning as a career change have a desire to be better informed when considering how this requirement change will affect…
Read MoreImpacts of the 2012 CFP Board Certification Requirements Part 1: The CFP Board Exam
As a precursor to the January 1, 2012, deadline for the new CFP® Certification Requirements, we will be taking a closer look at what you need to evaluate in regards to how these requirement modifications may affect you. Join us over the next few weeks as we examine: How the 2012 Certification Requirements Impact the CFP…
Read MoreImpact of CFP Certification upon Earnings
The CFP Board recently released a document showing earning trends for certified financial planners. It is no surprise that 2008 had a negative impact upon earnings. What is surprising, however, is that the post-certification impact upon earnings for those persons newly acquiring their certification appears to have continued expanding. This is good news for those who are…
Read MoreCFP Board Changes Education Component
Financial Plan Development Course The CFP Board is adding a new component to the educational component of CFP® Certification. Beginning in 2012, the new Financial Plan Development course will become required of all educational providers. The purpose of the new course, as stated by the CFP Board, is “… to require the financial planning student…
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