What describes a CFP?

What is a CFP designation?

The Certified Financial Planner (CFP), a designation for financial planners, is conferred by the Certified Financial Planner Board of Standards in the United States and 25 other organizations affiliated to Financial Planning Standards Board (FPSB), an international owner.

What are the requirements to become a CFP professional? CFPA(r), Professional Requirements. To become a CFPA (r) professional you must: Complete a CFP Board registered education program. Within five years of passing CFPA(r), you must hold or obtain a bachelor's from an accredited college or university.

What is a CFP useful for?

Individuals can get a certified financial planner (CFPA(r),) to help them plan for their financial future. CFPs do not only focus on investments. They help clients reach specific financial goals such as saving for retirement or buying a house.

What's the difference between CPA and CFP?

CPA stands to be a certified public accountant. This certification is used to work in tax and accounting. CFPs often work with individuals. While both certifications are valid, CFP is the most popular for financial advisors.