Kyle, Sara may be able to provide some more detailed info, but here is my two cents worth. Remember, I am not a member of the CFP Board. My comments are below your questions, also below.
- What percentage of questions are going to relate to the CARES act and what will they look like?
I WOULD NOT EXPECT A % BREAKDOWN. JUST WHETHER OR NOT THE CARES ACT WILL BE TESTED. PERSONALLY, I'D BE SURPRISED IF THERE WERE MORE THAN TWO QUESTIONS.
- Last time I took it (September) I was asked a question about 2018 taxes. Is this something that I can expect to see again from other years prior to 2020?
THERE IS A LAG SOMETIMES WITH THE EXAM AND THE TAX LAWS. YOU ARE PROVIDED WITH A TAX SHEET TO ASSIST.
- The CFP gave me two practice exams for free. I bought 2 additional practice exams but the ones I paid for are identical to the ones I got for free. How do I get a refund and additional CFP practice tests?
I DEFAULT TO SARA ON THIS.
- One of the questions on the free practice tests gives the incorrect answer. Who do I talk to about this?
THE PRACTICE EXAMS ARE MEANT TO GIVE YOU AN IDEA OF THE FLOW OF QUESTIONS. THOSE QUESTIONS HAVE BEEN DROPPED FROM PRIOR EXAMS AND THAT IS WHY THEY ARE PROVIDED ON PRACTICE EXAMS.
- This is the last time I am able to take the exam. I have run out of time every single time I've sat for it. I have been denied everytime I have requested extra time. Is there someone I can talk to about this? Are there any extra resources for people who are taking it the final time.
I RECOMMEND YOU WORK ON YOUR EXAM TIMING WITH YOUR PRACTICE EXAMS. SOME EXAM REVIEW PROVIDERS ALLOW YOU TO CONSTRUCT THE NUMBER OF QUESTIONS IN EACH QUIZ. GO FOR 85 PERIODICALLY, WITH A MIX OF ALL TOPICS. THEN TIME YOURSELF. YOU CAN'T ALLOW YOURSELF TO GET WRAPPED AROUND THE AXEL ON A FEW QUESTIONS. IF YOU HAVE SOME SORT OF SPECIAL NEEDS TO TAKING THIS EXAM THAT WOULD NEED TO BE ADDRESSED WITH SARA.
- I dont understand my scores on my last test. I havent understood my scores on any of my tests. Is there anyway I can see the test I took in 2016 since 4 years have passed?
YOU WILL NOT HAVE ACCESS TO PRIOR EXAMS. THE BAR THEY PROVIDE SHOWS HOW STRONGLY YOU DID WITH YOUR ANSWERS RELATED TO THAT TOPIC. THE LOWER YOUR MARK IS ON THE BAR, THE MORE EMPHASIS YOU MAY WANT TO CONSIDER WITH THAT TOPIC. I RECOMMEND STARTING YOUR PREP WITH THE NEXT EXAM ATTEMPT WITH A FOCUS ON YOUR WEAKER AREAS, BUT MAKE SURE YOU INCLUDE A REVIEW OFF ALL THE TOPICS, TO INCLUDE THOSE YOU SCORED HIGHEST IN.
- Can someone explain to me the system used to score the exam?
I DEFAULT TO SARA ON THIS.
- What percentage of test takers pass on their 5th attempt?
THE CFP BOARD DOES NOT PROVIDE PASS STATISTICS BASED ON THE NUMBER OF EXAM ATTEMPTS. HISTORICALLY, THE PASS RATE FOR THOSE REATTEMPTING THE EXAM HOVERS AROUND JUST LESS THAN 50%.
i HOPE THIS HELPS. THIS EXAM IS PASSABLE! BEST WISHES, ROB REA
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Robert (Rob) Rea, CFP®, MBA
Montclair, VA
(703) 946-1198 (cell)
rsrea@hotmail.com------------------------------
Original Message:
Sent: 10-15-2020 13:34
From: Kyle Cassaday
Subject: October 15th Ask the Expert: Finding Success After Failing the CFP® Exam
Sara - I hope you are having a great day. I want to make sure I am doing this right and that my questions are answered. Can you respond to this?
- What percentage of questions are going to relate to the CARES act and what will they look like?
- Last time I took it (September) I was asked a question about 2018 taxes. Is this something that I can expect to see again from other years prior to 2020?
- The CFP gave me two practice exams for free. I bought 2 additional practice exams but the ones I paid for are identical to the ones I got for free. How do I get a refund and additional CFP practice tests?
- One of the questions on the free practice tests gives the incorrect answer. Who do I talk to about this?
- This is the last time I am able to take the exam. I have run out of time every single time I've sat for it. I have been denied everytime I have requested extra time. Is there someone I can talk to about this? Are there any extra resources for people who are taking it the final time.
- I dont understand my scores on my last test. I havent understood my scores on any of my tests. Is there anyway I can see the test I took in 2016 since 4 years have passed?
- Can someone explain to me the system used to score the exam?
- What percentage of test takers pass on their 5th attempt?
------------------------------
Kyle Cassaday
Associate
Cassaday and Company Inc.
McLean VA
(703)506-8200
Original Message:
Sent: 10-08-2020 10:22
From: Sara Maloney
Subject: October 15th Ask the Expert: Finding Success After Failing the CFP® Exam
Hello everyone,
Mark your calendars for our Finding Success After Failing the CFP® Exam Ask the Expert on October 15 from 1-2:30 pm ET!
Our experts are:
They will be available to answer your questions on all things related to preparing for the CFP® exam – specifically staying motivated, tips on how to study again, and finding success after an unsuccessful exam attempt.
We welcome you to ask questions, follow the discussion, and/or provide your own input on this topic! Our experts will be using @mentions in the discussion, so when you ask a question, you will receive a notice from the @mention when you get a response.
Get your questions ready, we are looking forward to answering them!
#asktheexpert
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Sara Maloney
Community Manager
CFP Board
candidateforum@cfpboard.org
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