In terms of federal agencies, it's important to know that NONE of them regulate financial planners, but there are probably a handful of small organizations keeping their eyes on things.
Certified Financial Planning consultants are widely available at many brokerage firms and financial planning agencies such as Financial Planners Respond or Smart Money.
The Financial Planners Standards Council (FPSC) is the porganizaiton which gives most financial planners their accredidation. The Financial Standards Council (FSC) is a consumer support serivce that reports on the business dealings of financial services (not just Financial planners) in the marketplace. Below are the websites of each organziation: Financial Planners Standards Council www.FPSCCanada.org Financial Standards council www.FinancialStandardsCouncil.com
You can't define fees for certified financial planners because it depends on which type of financial planner you hire. There are fee-only planners as well as free financial planners, too.
The Financial Planners Standards Council (FPSC) is an organization that grants accreditation to financial planners. The Financial Standards Council (FSC) is an organization that provides consumers with information about a variety of financial services. It operates more like a Better Business Bureau and it is not confined to just financial planners. A person can get information on all kinds of different financial services. The websites for the two are: Financial Planners Standards Council www.FPSCCanada.org Financial Standards Council www.FinancialStandardsCouncil.com
Jobs that require training for financial planning are: accountants, financial planners, principal mechanical engineers and wealth financial planners positions.
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Not necessarily. Anyone can create a simple financial plan for themselves. Financial planners would be more likely to do more complex ones and ones for large organisations.
Almost all financial planners are financial advisers, but not all financial advisers are financial planners. Both of them must be a Certified Financial Planner (CFP). Financial planners are the ones who deal with financial tools to evaluate all areas of financial life including your savings, investments, retirements, taxes and estate planning, and help you to make a plan.. While for financial advisers, they are the ones who recommend things about your financial stature and help you to reach your financial goals.
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Cheryl Toman-Cubbage has written: 'Professional liability pitfalls for financial planners' -- subject(s): Financial planners, Malpractice
Various regulatory agencies and laws have been created to regulate specific areas of American life. These include the Food and Drug Administration (FDA) to regulate food and drug safety, the Environmental Protection Agency (EPA) to regulate environmental issues, the Federal Communications Commission (FCC) to regulate telecommunications and media, and the Securities and Exchange Commission (SEC) to regulate financial markets and protect investors, among many others.