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Developing And Presenting Certified Financial Planning Programs
Author : astha varshney
Submitted : 2011-10-07 Word Count : 460 Popularity: Not Rated
Tags: certified financial planner exam, certified financial planning certificate
Certified Financial Planner (CFP) is a registered professional certification for certified financial planner affliated by the Certified Financial Planner Board of Standards, Inc. (PCF) in the United States, Financial Planners Standards Council of Canada and 18 other organizations affiliated Financial Planning Standards Board (FPSB). Inserting a certified financial planner exam, candidates must meet several requirements, the first of what are the training requirements, which requires candidates to have a bachelor's degree or higher in an accredited U.S. college or university.
Examination administered by the Board of Certified Financial planners as the second stage in the certification process. The test content has evolved Certified Financial Planner exam over time based on the evaluation of the Board of the role of financial planners.
The topics cover major planning areas such as:
General Principles of Finance and Economic Planning;
Assurance planning
Planning Benefits
Investment securities and planning
State and federal tax planning
Property tax, gift tax and tax planning to transfer
Planning for asset protection
Retirement Planning
Estate Planning
Certified financial planning certificate process requires a large teaching, research, experience, and CFP Ethics.Because it tell the public the ability to provide financial planning without supervision, the CFP Board requires you, to have some experience in planning financial condition.
The 400 series, "The development and presentation of the recommendation of financial planning (s)" represents the heart of the certification programs of financial planning. It is at this point that the practitioner of financial planning, using both science and art, to make recommendations to achieve the client's needs and priorities.
Experienced practitioners in the financial planning process can be seen as an action or task. But in reality it is a series of distinct but interrelated tasks.Over the last three years, financial planners reported an increase in gross profit of $ 20 000 - 40 000 USD in the year following their certified financial planner exam approved. Over 95 percent of them feeling satisfied or very satisfied with their careers.
The review of the CFP exam is a multiple choice 10 hours, divided into one-hour session (Friday afternoon) and two three-hour sessions (Saturday). The review includes three certified financial planner exam and is designed to assess students' ability to apply knowledge to these areas of financial planning situations. Even after the student passes the exam , must meets one or more of the six primary elements of certified financial planning programs, he or she must also have completed the following:
Three years full-time or equivalent (2,000 hours per year) part-time experience in the
financial planning field .
Be approved by the CFP during the initial certification, which also involves a check-including extensive experience of ethics, character and criminal background checks.
In order to maintain certification, license holders are also required for completing certain continuing
education requirements as an on-going basis, also required to pay a licensing fee in every two years.
Author's Resource Box
FinancialPlannerProgram proffers you certified financial planning certificate and certified financial planning programs at a very affordable prices. It provides you a certified financial planner program which bring the best possible choices in satisfying the educational component of CFP.