Anyone believe CFP's do a better job than non CFP? Or is it mostly a marketing plan?

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CFP's do add value in certain situations- especially in Estate Planning. It is good to have one on your 'team' or at least have access to one if you run into detailed tax/planning issues. For many people, they do not need all of the additional knowledge gained through the CFP training because their situation is not complex enough to require it. Just because an individual has obtained the designation, does not automatically mean they are better/worse than someone without it. You can take a 7-month course to get it if you feel it would be helpful for your practice.

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^ exactly. In estate planning and complex tax situations it’s helpful.

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I have my CFP® and feel that it has definitely helped my practice. I use the knowledge learned from it every day. It's made me more confident and my clients are impressed. No it doesn't necessarily make you a better advisor, but it does show that you made a commitment and followed through with it. The pass rate is only about 65%.

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I got my CFP designation to serve my clients better as most of them are entrepreneurs. They require knowledge of succession to tax and retirement planning and finally estate planning. When I sat across the table from an estate planning attorney it does make a difference. Same when I partner up with my client's CPA.

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It’s all hype. You don’t have to be a CFP to be a good ethical financial advisor.

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Broad and extensive experience is just as valuable or more. Good teachers/mentors are invaluable! The College of Financial Planning is a money making racket!! IMO

The only value a CFP designation has is in the eyes of the prospect and client.

I agree. I have my CFP and I did learn some new stuff while getting it but it’s nothing that I could not have learned just as easily without the degree. It’s like a college degree basically. It just signals to clients/prospects you have a base set of skills. As opposed to someone without it, they may or may not have the skills. Prospects especially seem to use it as a short hand when looking for a new advisor. The big place I have found it makes a difference is dealing with institutional clients. CFP, CIMA, CRPS .... boards like to see all the extra letters so they can point to them later on when employees question decisions by the board and say “see, we did everything right, we had this certified profession oversee it”

In this business you never stop learning. Continuing education is a must. The CFP is a great way to start. Next work on your RICP and the CAP. Get involved and make a difference! Don’t just make money, make a life.

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Average salary for a Senior Associate who’s in the process of getting their CFP?

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I’m a CFP® and work as a test engineer for financial planning software. I’m pretty new to the tech space, and wondering what jobs might be out there in the fintech space as I gain more software knowledge. It’s kind of niche working in financial planning software as my background is financial planning. What kind of jobs are out there that might translate well and would have good earning potential?

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I’ve been in the industry for 23+ years, 16+ of those spent as a Producing Branch Manager. I hold S7, S63, S66, S24 and I’ve completed the education for the CFP (need to pass the exam). I excel in relationship building and providing exceptional service. I’ve only been on the full-service side for the past 2 years and my book of managed money is about $10M, with another $10M+ being self-directed by clients. I’d love to find an RIA job, what type of role would be suggested?

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I’m looking to hire a producing FA in the Allen, Tx.
Must be self motivated and willing to earn CFP.
Base salary provided the first year.

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Worked in Financial Services and Wealth Management for 12 years. CFP working in the banking channel and completing my MBA within a few months with a focus in Mergers & Acquisitions. Really can’t take the stress and compliance involved with being an Advisor anymore I’m losing hair everyday. Any suggestions where to go?

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Big disrespect to UCF in the CFP poll... Michigan above? Thoughs?

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Alright gents, quick opinion how valuable is a WMCP & Chfc designation

Currently finishing off my finance degree wondering if it’s worth it before achieving a CFP & CFA

More context I aim for more roles in wealth & assets management or commercial / institutional investments either states side or Latin American, speaking Spanish Portuguese. 

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Best study guide for CFP?

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Alright gents, quick opinion how valuable is a WMCP & Chfc designation

Currently finishing off my finance degree wondering if it’s worth it before achieving a CFP & CFA

More context I aim for more roles in wealth & assets management or commercial / institutional investments either states side or Latin American, speak Spanish Portuguese.

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Any recommendations on prep courses for CFP exam? Taking the exam in March

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I’m 9 years in. Currently taking the educational requirement for CFP through American College. I feel like I can’t focus because I am not really learning anything. Any tips to keep eyes on prize?

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Do CFP CPA CFA and MBA make that big of a difference in the RIA world? I’ve seen very successful individuals with all 3 and without any at all

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Currently a Wealth Advisor for Citi but I honestly hate it here with a passion it’s the worst company I’ve ever worked for in my life and I’ve been in Wealth Management in the banking channel for over a decade. Series 7, Series 63, Life, CFP, ChFC, and soon to have my MBA with a focus in Mergers & Acquisitions. I’m look to enter another area of Finance at this point instead of starting over somewhere else from scratch, but not sure what direction to go. Interested in Investment Banking or M&A.

Underpaid? 5 years managing 250+ households, working toward my CFP (advisor’s request), conduct meetings in FAs absence, travel to meet clients out of state, cultivated many relationships on my own, work with wholesalers to customize structured notes and trade them biweekly (tedious with the volume we do), manage 40+ SBLOCs (fun when volatile), provide all financial planning services to clients, office management, marketing, did I mention I’m his only staff member? $1M producer - me $65k/year

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Worked in Financial Services and Wealth Management for 12 years. CFP working in the banking channel and completing my MBA within a few months with a focus in Mergers & Acquisitions. Really can’t take the stress and compliance involved with being an Advisor anymore I’m losing hair everyday. Any suggestions where to go?

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Just started a new job and after doing some research found out they do not offer a Roth 401k. My choices are limited to a traditional 401k or After-Tax Contributions. After speaking with a friend who’s a CFP, he suggested I contribute only to the After-Tax, but I wanted to validate that advice here. If it helps I’m 24 and my current base is around 110k. Thanks in advance!

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At this point all I care about is salary what would result in your opinion most money •CFP •CPA •prestigious MBA •CFA •CAIA •coding boot camp I’m at $85k now

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*** CFP Prep Materials ***
Is anyone interested in purchasing CFP prep materials? I have Dalton study materials including their course books, their review study books as well as their flash cards.

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Is the cfp as hard as people says it is?

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Average base salary for someone who just passed the CFP?

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