hr: Money

Investing and Personal Finance

Is your Financial Planner Certified?

Posted by BJ Park on June 3rd, 2008

Almost anyone can call themselves a financial planner. All it needs is an understanding of the rules of finance, and some understanding as to where to apply them. But is that all? The Certified Financial Planner (CFP) Board of Standards has understood the importance of giving quality financial assistance to people, and have instituted the CFP Certificate.

Certified Financial Planner
Creative Commons License Photo Credit: euthman

A CFP certificate that is conferred on a planner ensures that your Financial Planner has the skills that you expect of them, and also makes sure that they behave in a professional manner. In order to earn and maintain their certificate, those holding it must prove that they are keeping updated with the latest trends, and are pursuing various courses of educating themselves on a regular basis.

The Certificate also lays down Standards of Professional Conduct that the individual must employ in order to maintain their certification. There are over 37,000 CFP’s that you can choose from at the website given above. The Board provides for a complaint system in case one of it’s professionals does not live uptot the technical or ethical standards.

So set your mind at rest when you want to find a financial planner for yourself. Find one that is professionally certified and increase the chances of getting quality advice.

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One Response to “Is your Financial Planner Certified?”

  1. Lessons to know when Hiring a Financial Planner Says:

    [...] your planner has the right credentials. Refer to an earlier article of mine which shows you what a Certified Financial Planner [...]

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