News & Updates
What Do You Need to Know to Pass the CFP Board Exam?
Good to Know The question posed in this article’s title can be answered by applying the timeless wisdom of a Chinese general who died over 2,500 years ago. “If you know the enemy and know yourself, you need not fear the result of a hundred battles.” -Sun Szu, 544-496 BC While the CFP Board exam…
Read MorePro Bono Opportunity: Help Prevent Financial Elder Abuse
CFP® Certificants in the News According to nolo.com, “Financial fraud is the fastest-growing form of elder abuse. Broadly defined, financial elder abuse is when someone illegally or improperly uses a vulnerable senior’s money or other property. Most states now have laws that make elder financial abuse a crime and provide ways to help the senior…
Read MoreInvestment Risk on the CFP Board Exam: Part IV
Good to Know This is the final article of our four-article series on investment risk for the CFP Board exam. Here’s a reminder of the risk concepts we’ve covered so far in the series: Part I: When to trust the “mean” return, Part II: Using standard deviation to manage investment risk, and Part III: Skewness—Do…
Read MoreCFP Board Releases 2022 Ad Campaigns
CFP® Board Updates In their ongoing effort to grow the recognition of the CFP® Certification among both potential professionals and clients of professionals, the CFP Board has made some adjustments to their plan for digital advertising in 2022. Of particular interest, the board plans to devote nearly 16% of their advertising budget to digital streaming…
Read MoreInvestment Risk on the CFP Board Exam: Part III
Good to Know Question: Why should financial planners and advisors care about skewness? Answer: A negative skew can obscure excess downside risk in a portfolio. We discussed the mean (geometric average) return and standard deviation in our first two blogs. Now we’ll use those concepts to illustrate skewness in this, the third installment in our…
Read MoreLITTLE USED RESOURCE TO PASS THE CFP BOARD EXAM
CFP® Certificants in the News Certificants who successfully navigated the CFP Board exam know how challenging the exam can be. Your CFP Board invites you to share your experiences with those preparing [for] the exam through the Mentorship program. The following excerpt from the program provides a high-level summary. “The CFP Board Mentor Program connects…
Read MoreCFP BOARD’S PUBLIC AWARENESS CAMPAIGN
CFP® Certificants in the News CFP Board is on a mission to make consumers aware of a certificant’s value to their quality of life. Here is what the CFP Board says about awareness: “CFP Board’s current Public Awareness Campaign, With a CFP® Professional, raises awareness among consumers of the difference that a CFP® professional can make…
Read MoreInvestment Risk on the CFP Board Exam: Part II
Good to Know This blog is the second in a four-part series that includes: Part I: When to trust the “mean” return, Part II: Using standard deviation to manage investment risk, Part III: Skewness—Do we want negative or positive skew in our portfolio?, and Part IV: Kurtosis of a return distribution—Is more kurtosis a good…
Read MoreCFP Board Launches CFP® Certification Diversity Scholarship
CFP® Board Updates The CFP Board Center for Financial and Financial Alliance for Racial Equality (FARE) are launching a new scholarship for attaining CFP® Certification. This scholarship is aimed towards advancing the profession by growing the next generation of diverse CFP® Professionals. For students seeking to complete a certificate-level CFP Board registered program, up to…
Read MoreAbsolute Investment Risk on the CFP Board Exam: Part I
Good to Know This blog is the first in a four-part series that includes: When to trust the “mean” return, Using standard deviation to forecast outcomes, Skewness—Do we want negative or positive skew in our portfolio? Kurtosis of a return distribution—Is more kurtosis a good thing? We will begin with the average or mean return.…
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