In
the financial planning sector your expertise as a professional matters a lot.
We know how competitive the financial services industry is that is why it is
very important for financial planners to go on extra mile and earn themselves
additional credentials that can help strengthen their career. To get straight
to the point what I am talking about is the prestigious and globally respected
Certified Financial Planner Certification.
The
Certified Financial Planner Certification is the designation awarded to those
professionals who were able to complete the formal CFP course program and
successful passed the Certified Financial Planner Certification Examination.
The CFP certification is a post graduate certification earned by those
individuals who wants to take their career further, strengthen their career, apply
for a higher or different job position, broaden their knowledge, refine their
skills, get a better salary compensation and most of all keep up with the
standards of the financial services industry. Owning such strong credential can
definitely make you one of the experts financial planner in this industry.
Now
the good question is how can you become one of those experts financial planner?
For you to become a Certified Financial Planner it is important that you meet
all the requirements that is set by the Certified Financial Planner Board of
Standards. You must meet the educational qualification that will require you to
have 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 must also
complete the formal CFP course program that will require you to take special
course subjects that are vital in financial services.
These
are the following special course subjects that you have to take:
- 1. Fundamentals in Financial Planning Program
- 2. Estate Planning Program
- 3. Employee Benefits Planning Program
- 4. Case Study in Financial Planning Program
- 5. Insurance Planning Program
- 6. Income Tax Planning Program
- 7. Investment Planning Program
- 8. Retirement Planning Program
Another
requirement that you have to complete is the three years work experience as
financial planner, assistant financial planner or any career related in the
financial services industry. After completing the said requirements you must
then submit to a full background check for the industry to see if you have any
legal issues. And lastly, you must adhere to the Code of Ethics set by the CFP
Board.
In
becoming a Certified Financial Planner can help a lot in the betterment of your
financial planning career. This can help you earn a high respect as a financial
planning professional. This designation would imply to your potential clients
and employees that you were able to earn a high level of professional practice,
competency in your craft and good ethical values that are all very important in
order for you to establish your own name in both the financial planning sector
and the financial services industry.
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