As CFP® professionals we meet rigorous education and experience requirements and are required to complete continuing education coursework. We are held to ethical and professional standards in the financial industry. CFP® professionals must master nearly 100 integrated financial planning topics ranging from:
- Income tax planning
- Retirement planning
- Employee benefits
- Estate planning
- Risk management
As CFP® practitioners we adhere to a strictly defined planning process:
- Meet with clients and gather data
- Establish and define the Client-Planner Relationship
- Analyze and evaluate the client’s current financial status and goals
- Developing and presenting financial planning recommendations and processes
- Implementing the financial planning process
- Ongoing monitoring of the process and recommendations
- Practicing with professional and regulatory standards
CFP® Practitioners must agree to abide by a strict code of ethics.
- Provide you with information about their sources of compensation and conflicts of interest in writing.
CFP® Practitioners are compensated for their services they provide in different ways. Some are paid through commissions, and others through fees or a combination of both.
As more people call themselves “financial planners”, finding the right professional to address your financial planning needs isn’t always as easy. Become familiar with a certified financial planner’s business style and understand the level of services he or she provides. Look for a measure of the planner’s commitment to ethical and professional quality standards. Look for a Certified Financial Planner who will put you and your needs at the center of every financial planning engagement.