The financial services industry is a highly regulated industry that is why it is important that all financial professional must remain and continue to be suitable to the position they have in this industry. To achieve that they must successfully earn the prestigious and globally accepted Certified Financial Planner Certification. Certified Financial Planner Certification is a designation awarded by the Certified Financial Planner Board of Standards (CFP Board) to those financial planners and other professionals who were able to complete the formal CFP course curriculum and most of all successfully passed the Certified Financial Planner Certification Examination.
Like any other examinations in order for you to qualify on taking the Certified Financial Planner Certification Examination there are set requirements that you must complete. The CFP Certification requirements are mandated by the Certified Financial Planner Board of Standards (CFP Board) which means that you must really comply with it in order for you to be able to take the exam. And take note that passing this exam is the only way for you to earn the CFP Certification.
Allow me to discuss to you further the CFP Certification requirements that you have to complete before taking the CFP Exams. You have to meet the educational qualifications and that is by earning a Bachelor’s degree or higher from any form of discipline as long as it is from an accredited college or university. It will be an advantage on your part if you also have an educational background in the fields of finance, accountancy, management and ethics in this way you have a wider scope of learning.
You must also complete the formal CFP course curriculum that will require you to take special course subjects that can be very helpful in order for you to successfully ace the CFP certification exam. These special course subjects are the major content of the certification exam that is why you must have a good review and lectures about it for you to gain the knowledge that you need. Listed below are the special course subjects that you have to take.
a) Fundamentals in Financial Planning Program
b) Insurance Planning Program
c) Investment Planning Program
d) Income Tax Planning Program
e) Estate Planning Program
f) Employee Benefits Planning Program
g) Retirement Planning Program
h) Case Study in Financial Planning Program
i) Capstone Case in Financial Planning Program
Another requirement is that you have to complete a three years working experience as a financial planner, assistant financial planner or any career related in financial services industry. Lastly, you must submit for a background check and adhere to the Code of ethics set by the industry.
Aiming for a successful financial planning career is very important if you want to make it big in this industry. That is why you should really take the CFP exam and pass it in order for you to earn the strongest designation and that is the Certified Financial Planner Certification.