Blogs

She’s On Her Way Featuring an Interview with @Amanda Gutierrez on her Path to CFP ® C ertification ​ What is your earliest money memory? My earliest money memory is from when I was nearly 10 years old and went camping with my aunt, uncle, and cousins in San Diego. For the trip, my parents had sent me with a limited amount of money to pay for food and trinkets. However, I knew that I didn’t receive money very often and therefore wanted to save as much as I could by asking about the cost of everything. My aunt and uncle took notice and still tease me about it to this day. When did you discover financial planning? I discovered financial planning ...
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January 26, 2021: 45 Days Until the CFP ® Exam I am in the Valley of Despair. My review course provider, Brett Danko, hosted a webinar with a Ph.D. to discuss the mental aspects of test-taking. She showed a U-shaped diagram where you start out high, ignorantly excited about taking on the CFP® exam. As you move to the right, you sink down into the trough where you are knee-deep in the depressing reality of what it will take to pass the exam. When you rise again on the other side, you have knowledge-based confidence that you will be able to pass. She called the trough the Valley of Despair, where reality catches up to you, everything seems hopeless, and you ...
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She’s On Her Way Featuring an Interview with @Jonae Daniels on her Path to CFP ® C ertification What is your earliest money memory? My earliest money memory is my Money Bunny account. Money Bunny was a savings account that our local credit union offered for kids. The only mail I could eagerly look forward to receiving each month as a child was from the credit union.. They would send out monthly statements and coloring books so that it was not just a boring piece of paper. My mom would always go over the statement with me, making sure to talk about the account balance and emphasizing the importance of "paying yourself first." She was teaching me ...
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She’s On Her Way Featuring an Interview with Dawn Torres-Gale, Candidate for CFP ® Certification   Dawn, Thanks for joining us today to talk about your career in financial planning. First, what is your earliest money memory? My earliest money memory is my single parent mother telling me it was too expensive to buy a car in response to my asking her about it while we were waiting in the rain for the bus in San Francisco where I grew up. I was probably around 4 or 5 years old but the fear I felt then has always stayed with me.   When did you discover financial planning? I think I had always heard of Financial Planning as a profession but ...
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My journey began a little over a year ago. It was around November 2019 when I started my CFP coursework. My original goal was March, 2021. I wasn't really serious about the exam as I'm just in a support role currently, and am relatively content with my role. But, I figured I've been in the industry for 4 years and I should have something to show for it -- so might as well pursue the CFP designation. Once COVID hit, I saw it as an opportunity to ramp up my studying. No excuses now, right? It wasn't until August that it seemed possible I could sit for the November exam. So, I grinded through the last couple of courses and enrolled in the CFFP/Kaplan Live Review ...
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Selling: Zahn Pre-Study Books 1 & 2 - For the July/September 2020 Test (book 1 has highlighting in it, book 2 does not). Selling for $20 plus shipping. Zahn Flash cards, one set for each section. These were immensely helpful and cost $75 originally. I'm selling for $20 plus shipping.  CFP Exam Calculation Workbook, new. Selling for $5 plus shipping. Money Education Quick sheet Reviews, one or more for each section. Originally $100. I'm selling for $20 plus shipping. Money Education Textbooks (Incoming Planning, Estate Planning, Retirement Planning, Insurance Planning) $15 each plus shipping. If you'd like a picture of anything, just let me know. I'll ...
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I just passed the CFP exam and am looking to pass on my 8 Kaplan program books to whomever can use them.  I will also throw in 5 Mathew Brandeburg books of flashcards which I found helpful.  If interested, please email me at richardbmccaffrey@gmail.com.
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I’m close to completing the educational coursework to sit for the CFP and thought I’d share my experience. I’ve utilized the online self study program through Bryant University and have found it to be very well organized. If you’re looking for a program, I’d recommend it. I’ll also be doing my exam prep review through their Brett Danko led recap course.  Libby Mueller is who I’ve worked with at Bryant U and she’s been excellent. Very responsive and has helped keep me on schedule. Jason Sechrist, CIMA®, CRPC® Sechrist Financial 978-430-7347 jsechrist@sechristfinancial.com
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A huge thank you to John Loyd, the instructor for my Live Review class!  I recently passed the exam thanks to John.  He is an incredible teacher and makes the whole process fun and enjoyable.  I'd highly recommend John's class to anyone who is prepping for the exam.
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I am newbie that just need assistance in terms franchising business model. Can someone provide meaningful insights?
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So now that you’ve made it through the educational requirements, it’s time to start thinking about taking and passing the CFP® exam. During my exam prep course through Brett Danko, he always talked about us PASSING the exam and not just taking it. Once you get through the education and the studying, you have to go into the big day with a positive mindset. A phrase that I used during my college hockey career and before my test day experience was: Positive thoughts produce positive results. Anyway, enough of the pep-talk. You’ve got this! Let’s move on to the actual test experience. First and foremost, you want to make sure that you sign up for the exam at a ...
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The financial planning field is growing in response to consumer demand and that growth presents great career opportunities with good earnings potential for those with the highest credentials. As you consider this career path and attaining CFP® certification, it’s important to look at the research that speaks to this potential. The U.S. News and World Report annual Jobs Report consistently ranks financial advisor among the top 10 Best Business Jobs. And the U.S. Department of Labor predicts a 15% job growth in the financial advising field through 2026. You can learn more about these reports and career prospects at the CFP Board Career Center .
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The November 2018 CFP ®  exam will be the first to incorporate the 2018 tax law. Candidates for the CFP ® exam need to be prepared to study for questions pertaining to the new law. CFP Board recently released two resources with information about the impact of the 2017 Tax Cuts & Jobs Act on the CFP ®  exam. The new  CFP Board Key Elements | Tax Cuts and Jobs Act 2017 document outlines learning objectives that provide guidance on 25 critical elements of the tax law changes, from the perspective of the content covered by CFP ® The updated  Tax Tables document that will be provided to candidates during the November 2018 CFP ®  exam now reflects ...
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It’s a great time to consider a career in personal financial planning. The jobs outlook for financial advisors is very optimistic. Both the U.S. Department of Labor Occupational Outlook Handbook and U.S. News and World Report ’s annual Jobs Report rank the financial planning field as one with excellent career potential. The U.S. Department of Labor predicts a 15% job growth in the financial advising field through 2026.  The Handbook provides additional information on personal financial advisors , like “What They Do” and “How to Become One.” U.S. News and World Report’s annual Jobs Report consistently ranks financial advisor among the top ...
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You’re in the midst of finding every minute you can to study for the upcoming exam. Here are a few tips to keep in mind as you try to manage the study crunch and the stress that comes with preparing for any big event. Have a plan and follow it – You knew how you wanted to prepare for the exam – the number of hours you needed to study and where you would find that time – and you laid out a plan. Have faith in your planning and stick to your basic study plan, tweaking as necessary.  Plan your exam day – Drive to the testing location. Sign up for a “test drive” offered by Prometric. Know what you need to bring with you on exam day and what will be ...
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The July 2018 CFP® exam will be the last exam to test on the 2017 tax laws. And some candidates are already looking ahead to the November exam and how the 2018 federal tax laws will impact that test. Here are some recommendations for candidates who want to be up to date on the impact of recent tax regulation changes: Reach out to your CFP Board Registered Program for guidance on when the new tax laws will be incorporated into their curriculum. Ask your test prep/review course provider if they have available materials that will address the recent tax law changes. Conduct your own research to identify information related to the new tax rates, deductions, ...
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CFP® professionals acquire knowledge through the certification process that helps them to deliver professional, competent and ethical financial planning services to clients. This is a large part of why CFP® certification is so valued in the financial planning industry. If you are entering the field, the first step toward CFP® certification is to meet the education coursework requirement. You can complete the education requirement through a course of study in financial planning offered by academic institutions with a curriculum registered with CFP Board. This coursework can be completed as either a degree program (undergraduate or graduate) or as a certificate ...
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You may be closer than you think to CFP® certification. If you hold one of the following qualifying degrees, licenses or credentials, you may be eligible to challenge most of the education coursework requirements to register for the CFP® exam once you complete either a Capstone Course or the Capstone Alternative Program:  Licensed Certified Public Accountant (CPA) – inactive license acceptable Chartered Financial Underwriter (CLU) Chartered Financial Analyst (CFA ® ) Chartered Financial Consultant (ChFC) Licensed Attorney – inactive license acceptable Ph.D. in business or economics Doctor of Business Administration (D.B.A.) CFP certification from ...
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If you’re just starting to thinking about a career in financial planning, this is a great time to be looking at this field. The U.S. Labor Department predicts jobs in the field will grow by 30% by 2024. And U.S. News and World Report consistently ranks Financial Advisor among the Top Business Jobs in their annual Top Jobs Report. In a nutshell, a personal financial advisor is someone who establishes a one-one-one relationship with their clients and provides ongoing comprehensive advice to guide them in all aspects of their finances and help them achieve their financial goals including educating their children, investing for future goals, and saving for a secure ...
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There are four major steps to the process of attaining CFP® certification. The four ‘E’s’ are: Education, Exam, Experience, and Ethics background check. To help candidates track their progress on the path to certification, CFP Board has an online Certification Tracker tool. Using this resource, candidates for CFP® certification can record and track their individual progress as they move through the certification process just by logging into their CFP Board online account. The Certification Tracker helps candidates better navigate the certification process by easily seeing details about how to approach and accomplish each step on the road to certification.
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