News & Updates – Page 20 – Online CFP Program

CFP Board Announces 2022 Academic Research Colloquium Conference

CFP® Board Updates The CFP Board and the Center for Financial Planning have announced the dates for the 2022 Academic Research Colloquium for Financial Planning. The conference will be held at the Conrad Washington, DC on October 24th and 25th, 2022. The Colloquium, which is an initiative of the Center for Financial Planning, is a…

Are You Protecting Your Money From Identity Thieves?

Good to Know Anyone with assets, an income stream, or a good credit score can be exposed to identity theft. But before going deeper, let’s dispel a few myths—identify theft happens not only to the wealthy but also to the poor, not only to seniors but also to the young, and not only to financial…

The Psychology of Financial Planning

CFP® Certificants in the News Rational clients seem to make irrational financial decisions to the puzzlement and frustration of financial advisors. Why? One school of thought blames our emotions for our financial miscues. Regrettably, we are not always self-aware of the power wielded by our sub-conscious emotions in the following behaviors and more: The buy-high/sell-low…

Prepare for the CFP Board Exam

CFP® Certificants in the News You’re completing or have just completed the coursework required to take the CFP Board exam (the exam). Now what? Here are the potential next steps for you: Respect the exam’s breadth and depth, Budget your study time, Register for the exam, Use CFP Board resources, and Take a review course.…

Winners and Losers in the 2022 Inflation Reduction Act

Good to Know Laws enacted by those ladies and gentlemen we send to Congress are seldom a panacea for all. The 2022 Inflation Reduction Act certainly fits that mold, as will be evident as we summarize the winners and losers under the Act. But first, here’s a quick editorial note—as with all of our articles,…

Protecting Public Trust with CFP Board Discipline

CFP® Certificants in the News Financial advisors, financial planners, and their employers have a vested interest in preserving, if not building upon, public trust in CFP® Certification. This article will focus on a specific interim suspension that, if anything, may initially err on the side of protecting public trust while ultimately providing a just result…

CFP Board Pass Rates—July 2022 Exam

CFP® Certificants in the News This article will summarize pass rates, note consistency with prior exam results, and highlight demographics related to the July 2022 CFP Board exam. We begin with pass rates. Consistency First-time exam takers scored an average of 69%, compared to 67% (March 2022) and 62% (November 2021), and Repeat exam takers…

Clients Are Not Locked Into High-Tax States

CFP® Certificants in the News encourages membership in the Financial Planning Association. Later in this article, we will reference a highly topical article appearing in the Journal of Financial Planning. We will feature a strategy that high-income clients can use to slash their state income tax rates in this report. But first, let’s admit that…

Taking Advantage of Down Markets

Good to Know A decorated marine combat veteran and friend of the author once compared being under enemy attack to corrections in the stock market. His advice was to “stay in your foxhole when the bombs are falling and make no sudden moves.” While many would completely agree with this Marine’s timeless advice, others would…

Center for Financial Planning Exceeds $1 million in Scholarships

CFP® Board Updates The CFP Board announced in June that the Center for Financial Planning has surpassed $1 million is scholarships. This incredible milestone brings the Center to a total of 225 scholarships awarded. What makes these scholarships so special is that most are focused on students in underrepresented populations in financial planning, continuing the…