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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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Tax Law Changes

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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 ...
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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 ...
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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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91% of CERTIFIED FINANCIAL PLANNER TM professionals are highly satisfied in their career choice and their decision to obtain CFP® certification. Plus, 83% feel that CFP® certification gives them an edge over financial planners who don’t hold the certification. Results of CFP Board’s biannual survey provides an in-depth picture of CFP® professionals’ perceptions of the value of their certification, its impact on their careers, and their views of the financial planning profession. You can read more about these compelling survey results at www.cfp.net/surveyresults
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Using Transcript Review

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Some who are pursuing CFP® certification may have studied topics included in the education requirements for certification through previous education coursework but not through a CFP Board-Registered Program, and ask if those credits can be applied in order to reduce the total length of time and expense for completion of the education requirement. The answer is yes. The CFP Board Transcript Review process is a means for individuals to determine if they have completed coursework addressing all or part of the major personal financial planning areas at an appropriate education institution. For Transcript Review, financial planning-related coursework must be ...
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Many who are pursuing CFP® certification and preparing for the CFP® exam find it very beneficial to take an exam review course in the weeks leading up to sitting for the exam. An exam review course is not a requirement for taking the exam or for certification, but many candidates find it to be an effective method for studying for the exam and assuring their success.  CFP Board has a site that lists a selection of review courses. The list of exam review course providers is made available for the convenience of those pursuing CFP® certification. The list is not comprehensive and additional exam review courses may be found by searching online. These courses ...
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The CFP Board offers a number of resources to help candidates prepare for the CFP® exam. Along with Practice Exams , The Candidate Handbook , and the “What to Expect from the CFP® Exam Experience” webinar offered each exam cycle, the CFP Board Examinations department recently developed a new tool for those preparing for the CFP® exam. The CFP® Exam Candidate Preparation Toolkit is intended to help candidates gain an understanding of how to effectively study in preparation for the CFP® Exam. The toolkit covers how to develop a good exam study strategy including developing a study plan, how to balance work, family and study priorities, and how to ...
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Do you have experience to report towards your CFP® certification? You don’t need to wait until you register for the CFP® exam to begin reporting hours to fulfill this requirement.  You can access the CFP Board Experience Profile tool by logging into your CFP Board Account and clicking on the Experience section within the CFP® Certification Tracker.  You will be able to enter new experience including internships and qualified teaching assignments or assistantships as well as periodically update hours for your current position once it has been entered.  View our Experience Infographic which explains the Experience requirement in greater detail.  ...
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With many recent college graduates and young professionals looking for a rewarding career with growth potential, work-life balance and the satisfaction of helping others, the profession of personal financial planning should be top of mind. Demand for financial planners is growing. In fact, it’s expected to grow 4 times faster than other occupations, according the Bureau of Labor Statistics. It’s an exciting career path that can bring personal satisfaction as well as financial rewards. A career in financial planning also provides you the opportunity to make a difference in the lives of individuals and families by helping them reach their life goals. “There’s ...
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With registration for the July 2017 exam just opening, now's a great time to take a look at CFP Board's CFP ® Exam Candidate Handbook. Good study habits and thorough preparation are keys to success on the CFP ® exam. CFP Board's totally revised and expanded handbook, now updated for the July 2017 exam, includes a wealth of information and helpful tips to get you to – and successfully through – exam day. The handbook is designed to help you feel more confident as you approach the exam. It contains everything you need to know about the exam process, including information on scheduling, exam preparation, and what to expect on the day of ...
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The CFP Board Center for Financial Planning has launched an exciting mentorship program; the WIN-to-WIN Mentor Program encourages women pursuing CFP ® certification to seek the guidance of CFP ® professionals who will help support them through the certification process. The WIN-to-WIN Mentor Program is designed to provide free one-on-one guidance and support candidates throughout their journey to certification. The mentoring relationship helps candidates understand the unique benefits of certification and obtain guidance, support, and motivation throughout the process from CFP ® professionals. CFP Board instituted the WIN-to-WIN Mentor Program ...
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The CFP ® certification is certainly challenging and a large time investment that requires an immense amount of focus and dedication. However, there are an incredible number of benefits to becoming certified. Check out some of our top reasons for "Why CFP ® certification?" Knowledge and Credibility: 70% of CFP ® professionals say they believe their certification has had a positive impact on their knowledge, confidence with clients, and client trust. Competitive Advantage: 69% of consumers who insist their financial planner hold a designation, prefer the CFP ® certification. Income Potential: CFP ® professionals earn ...
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