In establishing a strong career in both the financial planning sector and the financial services industry it is important that you earn additional credentials. Being a financial planner is already a good job however; earning a strong designation such as the Certified Financial Planner Certification can really make a huge impact to your financial planning career.
A CFP Certification is the designation awarded to those individuals who were able to complete the formal CFP course program and successfully passed the Certified Financial Planner Certification Examination. This is a post graduate certification earned by those professionals who aims to take their career further, strengthen their career, get better salary compensation, apply for a higher or different job position, broaden their knowledge, enhance their skills and most of all keep up with the standards of the financial services industry. Through earning such strong credential can definitely help in strengthening your career. This will set a very good impression to your possible clients and employers because it means that you were able to earn the highest level of ethical morale, professional excellence and competent practice that are all very important. This is can help you in building your own name in the financial planning sector and most of all as a member of the financial services industry.
To earn the CFP Certification you must comply with the requirements implemented by the CFP Board in order for you to qualify in taking the CFP Certification Exam. The CFP certification exam is designed by the Certified Financial Planner Board of Standards in order to assess your ability and integrate and broad base of financial planning knowledge that is applicable to real life financial planning situations. This is said to be the most challenging exam in the financial services industry that is why passing this can really make a big difference to your career.
So how can you take the said certification exam? You must meet the educational qualifications wherein you have to earn a Bachelor’s degree or higher from any form of discipline as long as it is from an accredited college or university. Aside from that you are also required to complete the formal CFP course program wherein you are asked to take special course subjects that are vital in financial services. Listed below are the special course topics that you have to take:
- Fundamentals in Financial Planning Program
- Estate Planning Program
- Employee Benefits Planning Program
- Case Study in Financial Planning Program
- Capstone Course in Financial Planning Program
- Insurance Planning Program
- Income Tax Planning Program
- Investment Planning Program
- Retirement Planning Program
Another requirement that you must complete is the 3 years working experience in the financial services industry. After completing both the educational and work experience you must then submit for a background check then lastly, it is important that you will adhere to the Code of Ethics set by the CFP Board.
Through this article you will know about the
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