Why Work With A Certified Financial Planner?

A Certified Financial Planner is recognizable by the abbreviation CFP following their name. This designation indicates that the individual maintains internationally recognized standards of knowledge, skills, abilities and ethics in the financial planning industry. A CFP is held to standards that ensure the client’s financial future will be handled by a qualified professional who will always put the client’s interest ahead of their own.

Taking a holistic approach has proved to be an effective method of financial planning. A client’s financial situation can be extremely multifaceted and a CFP professional will take into account the inter-relationship between particular aspects such as financial management, insurance and risk management, investment planning, retirement planning, tax planning, estate planning, and legal aspects. Although each individual financial plan can vary in scope and complexity, financial planning is a broad comprehensive process. Taking a big picture approach sets CFP professionals apart from other financial advisors who may only be trained to focus on one aspect of finances.

The CFP designation assures competence in financial planning through extensive education, a rigorous standardized national examination process, comprehensive continuing education requirements and accountability to FPSC for a code of ethics, practice standards, and the rules and regulations of their professional body.