Should You Earn A Certification Financial Planner?

Posted by Maria VWills
1
Feb 2, 2016
146 Views
The financial services industry is a highly competitive sector. The only way for you to stand strong and keep up with other financial professionals is through establishing a bigger name in the industry. In order to achieve this you have to earn the right credential. And the strongest credential that you can earn is the prestigious Certified Financial Planner (CFP) Certification.
Becoming a Certified Financial Planner is the best way for you to be set apart from other financial planners. A Certified Financial Planner Certification is a designation awarded to a financial planner or other professionals who were able to complete the formal CFP course program and passed the Certified Financial Planner Certification Examination. This certification financial planner is the strongest designation that you can earn as a financial planning professional.

The CFP Certification is a post graduate certification exam that is taken by individuals who want to further their career, apply for a higher or different job position, earn higher salary compensation, broaden their knowledge, enhance their skills and keep up with the standards of the financial services industry. This designation will definitely set you apart from other financial planners and other professionals because this will imply that you were able to earn the highest level of competency, professionalism and ethical practices that are vital in the financial services industry. Therefore, if you are aiming to build a bigger career for you in this highly competitive industry then earning a certification financial planner is the key to it.

For you to become a Certified Financial Planner you have to complete all the requirements set by the Certified Financial Planner Board of Standards, Inc. (CFP Boards). By doing this is the only way for you to qualify on taking the CFP Certification. And through passing this exam is the only way for you to get certified. So here are the requirements that you need to complete prior to taking the exams.
You have to complete all the educational qualifications wherein you must earn a Bachelor’s degree or higher from any form of discipline as long as it is from an accredited college or university. It would be a plus point if you have a strong background in finance, accounting, management, marketing, ethics and economics. Aside from that you must also complete the CFP course program wherein you are required to take special course subjects that are significant in financial services. Here is the list of the special course subjects that you have to complete:
1.    Fundamentals of financial planning
2.    Estate planning
3.    Employee benefits planning
4.    Insurance planning
5.    Income tax planning
6.    Investment planning
7.    Retirement planning
8.    Case study in financial planning
You are also required to complete a three years full time work experience as a financial planner, assistant financial planner or any career related in the financial services industry. After completing both educational qualifications and working experience you must now submit for a background check and adhere to the Code of Ethics set by the CFP Board.

In this article you will know about the certification financial planner and how important for you to earn it. Find out more about the certification financial planner by visiting and learn more about the CFP profession.
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