Read CFP Board News from Other Months

 

CFP Board News - March 2007


PROPOSED REVISIONS TO CFP BOARD'S ETHICAL STANDARDS TO BE RELEASED FOR COMMENT

CFP Board's Board of Directors will release a Second Exposure Draft of proposed revisions to the ethical standards for CFP® certification on March 9, 2007 for a period of public comment. In 2005, the Board of Directors began a review of CFP Board's ethics-related functions. CFP Board released an initial Exposure Draft of proposed revisions to its ethical standards in July 2006 and received more than 300 responses to that draft. The comments to the original Exposure Draft provided many perspectives and information that proved valuable in the Board's review of the proposed revisions. The Board has incorporated suggestions from many of those comments in a Second Exposure Draft of proposed revisions that will be released for public comment and discussion beginning March 9, 2007.

The Second Exposure Draft and related materials, including side-by-side comparisons of the language in the current Standards of Professional Conduct and the language in the proposed revisions, will be available on CFP Board's Web site at: www.CFP.net/aboutus/Exposure_Draft.asp

The Board is soliciting comments on the Second Exposure Draft until April 25, 2007, and all CFP Board stakeholders are encouraged to review the Second Exposure Draft and provide CFP Board with comments and feedback. Interested stakeholders can go to CFP Board's Web site to complete a survey or send written comments via e-mail to mail@CFPBoard.org or by mail to:

CFP Board
Attn: Ethics Task Force
1670 Broadway, Suite 600
Denver, CO 80202

The Board of Directors will review the comments at its meeting in May 2007. If the Board approves the revisions, an effective date of January 1, 2008 is anticipated.

< back to top

SECOND EXPOSURE DRAFT RELEASE MEETING: DENVER, MARCH 9, 2007, 9:00 A.M. (MT)

On March 9, 2007, members of CFP Board's Board of Directors and Ethics Task Force will present a Second Exposure Draft of proposed revisions to CFP Board's ethical standards at a public meeting at the Brown Palace Hotel in Denver, Colorado at 9:00 a.m. (Mountain Time).

At the March 9, 2007, meeting, CFP Board's Board of Directors and Ethics Task Force will introduce a Second Exposure Draft of proposed changes to CFP Board's ethical standards, highlight some of the significant proposed changes, explain the reasons behind those proposals, and provide information about the comment period that will take place following the announcement. The meeting is informational in purpose, but those in attendance will have an opportunity to speak with the Board members and CFP Board staff following the presentations.

If you are able to attend the meeting in Denver, please notify CFP Board by calling 303-839-0657 or sending an e-mail to mail@CFPBoard.org.

Those unable to attend the meeting in Denver will be able to view the meeting through a live Webcast. Register for the online Webcast.

< back to top

CFP BOARD TOWN HALL MEETING: DENVER, MARCH 9, 2007, 9:00 - 11:00 A.M. (MT)

CFP Board will hold a Town Hall Meeting on March 30, 2007 at the Brown Palace Hotel in Denver, Colorado at 9:00 a.m. (Mountain Time). At the meeting, members of CFP Board's Board of Directors and Ethics Task Force will provide comments on the Second Exposure Draft of proposed revisions to CFP Board's ethical standards and respond to questions and comments from the audience.

If you are able to attend the Town Hall Meeting in Denver, please notify CFP Board by calling 303-839-0657 or sending an e-mail to mail@CFPBoard.org.

Those unable to attend the Town Hall Meeting in Denver will be able to participate in the meeting through a live Webcast. Register for the online Webcast. Questions and comments may be submitted to the Board of Directors and Ethics Task Force during the meeting through the Webcast interface.

A recording of the Webcast presentation of the Town Hall Meeting will also be available after the meeting concludes.

< back to top

CFP BOARD-REGISTERED PROGRAMS CELEBRATE 20TH ANNIVERSARY

While the number of current CFP® certificants in the U.S. neared the 55,000 milestone at the end of February 2007, another milestone for CFP® certification was being celebrated in Texas. Texas Tech University recently hosted a 20/20 Celebration from that recognized the 20th anniversary of the first 20 financial planning educational programs to be registered with CFP Board.

Soon after CFP Board was established in 1985, it introduced a process through which financial planning educational programs could register their programs with CFP Board. Today there are more than 320 CFP Board-Registered Programs at 203 institutions across the country. The availability of quality education programs that provide training in the knowledge and skills necessary to provide competent financial planning services is one of the primary factors that has contributed to the growth of CFP® certification.

CFP Board appreciates the contributions of all of Program Directors, educators and administrators, and we salute the 17 institutions that registered the first 20 educational programs with CFP Board 20 years ago:

Boston University
Campbell University
City University
College for Financial Planning
Georgia State University
Golden Gate University
Mercyhurst College
Metropolitan State College of Denver
New York University
Oakland University
Purdue University
San Diego State University
Texas Tech University
University of Dallas
University of North Texas

< back to top

2007 FINANCIAL PLANNING GRANTS PROGRAM APPLICATION DEADLINE EXTENDED TO MARCH 15

CFP Board has extended the deadline for submitting applications for CFP Board's 2006 Financial Planning Grants program from March 1, 2007 to March 15, 2007.

CFP Board's 2007 grant program is designed to provide financial support to sustainable projects that reach non-traditional populations and encourage them to benefit from financial planning. For more information about the program, visit CFP Board's Web site at www.CFP.net/teamup/grants.asp.

A confirmation of receipt was recently sent to all applicants whose proposals have been received at CFP Board. If you sent an application but did not receive a confirmation, or if you have any question about whether CFP Board received your application, please send your questions or another copy of your proposal to grants@CFPBoard.org.

If you are interested in this opportunity but have not yet submitted a proposal, please send CFP Board your proposal through the online grant application form or by e-mail to grants@CFPBoard.org, no later than March 15, 2007.

< back to top

PARTICIPATE IN THE 2007 FINANCIAL PLANNING CLINIC: BOSTON, AUGUST 4, 2007

CFP Board welcomes CFP® professionals to participate in the 2007 Financial Planning Clinic by providing free financial planning information to people interested in experiencing the benefits of financial planning. The Clinic will be held Saturday, August 4, 2007 at the Sheraton Boston Hotel from 10:00 a.m. to 2:00 p.m.

At the Clinic, volunteer CFP® professionals will meet one-on-one with individuals and families to answer their financial questions. The Boston Financial Planning Clinic builds on the success of the 2006 Financial Planning Clinic in Los Angeles, where thousands of individuals, couples and families received answers to their financial questions from CFP® professionals. We expect the Boston event to draw an even larger crowd.

CFP® certificants interested in participating may apply online or contact CFP Board by e-mail at clinic@CFPBoard.org or by phone at 800-487-1497 with the following information:

  • Name
  • Phone Number
  • E-mail Address
  • Mailing Address
  • If you are multi-lingual, the languages you would like to use at the Financial Planning Clinic.
  • The general financial planning topics you are most interested in discussing with attendees.

Only CFP® certificants in good standing with CFP Board may participate. For additional information about the 2007 Financial Planning Clinic, visit www.CFP.net/clinic.

< back to top
  Copyright © 2008, Certified Financial Planner Board of Standards Inc.
All rights reserved. Copyright, Collection and Dissemination of Information Policy and Legal Information.