A certified CFP basically acts as a mentor or advisor for an entity to plan his finances. It's like investing on interest-bearing business, minimizing expenditures, etc. There are various types of financial planners ranging from personal advisors to large corporations.
A Certified Financial Planner is a person who took CFP education course program and was able to pass the CFP Certification Examination.
A certified financial planner (CFP) can work with businesses or individuals as clients. Either way, the CFP will manage a person's finances and look into growing their savings portfolio.
You can learn to become a Certified Financial Planner by enrolling in the CFP Course. They have many courses that will set you on your way to become a Professional Financial Planner.
Currently, there is no special licensing requirement to become a financial planner. However, many financial planners earn a certified financial planning (CFP) or chartered financial consultant (ChFC) designation. To become a reputable financial planner in the US, you need to have a CFP Certification conferred by the Certified Financial Planner Board of Standards, Inc. (CFP Board), Financial Planners Standards Council in Canada, etc. depending on the country.
The Certified Financial Planner (CFP) Board is a non-profit organization. The purpose is to develop standards of certification with the Financial Planning community.
You can find a certified financial planner (CFP) by going on the website www.cfp.net and on the left hand side is a quick link for searching for a CFP.
After passing the CFP Certification Examination It takes approximately five years to finish the financial planner education. Reference link: http://www.cfp.net/become/education.asp
If one wanted to become a financial planner, one must obtain the proper certification needed. One would need to obtain the Certified Financial Planner (CFP) designation.
A certified financial planner can help you with your finances. If you yourself wants to become a CFP then there is schooling envolved. It may be a profitable buy for some but not for others.
The CFP classes entail many procedures to make one a Certified Financial Planner. The classes entail and test your ability to apply financial planning procedures.
One needs to take several steps to become a certified financial planner. The first and most important step is to go through a certified financial planner education regimen at some university. Next, one must pass the CFP exam administered by the CFP Board.
Anyone can call themselves a financial planner since there is no licensing requirement. However a Certified Financial Planner (CFP®) has to have completed extensive education requirements, passed a grueling exam, have a minimum three years experience and must abide by the code of ethics of the CFP Board.Additionally, a Financial Adviser is one who has extensive experience in financial planning, aside from being a certified financial planner.
There are many places online where one can go to find a certified financial planner. One specific place to find these would be on the cfp website. They specialize in certified financial planning (CFP).
The CFP board of standards is the Certified Financial Planner Board of Standards. They take care of issues with money such as saving up for retirement.