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CFP Board in the News

CFP Board Makes a Raft of Changes -- Including Plans to Send Out Press Releases About CFP[® Professionals] Who Declare Bankruptcy

Apr 05, 2012

The CFP Board announced today that it has shored up its rules and procedures regarding the Certified Financial Planner Board of Standards Inc. certification including more public disclosure for CFP® professionals who file bankruptcy.

"As part of our mission to benefit the public, we must continue to re-examine and improve upon the Certified Financial Planner Board of Standards certification and our processes to enforce its high standards," says Board of Directors chairman Alan Goldfarb, CFP®, in a statement. "The changes approved by the Board of Directors further support our mission and reinforce the CFP® certification's status as the standard for ethical and competent personal financial planning." Read more >

RIA Biz
Lisa Shidler
April 5, 2012

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Did You Know?

Among clients who work with an advisor, 87% of those working with a CFP® professional are satisfied or very satisfied, compared with 72% of those who work with an advisor without certification.
Anyone can call himself a “financial planner.” Only professionals who meet CFP Board’s rigorous standards can call themselves CERTIFIED FINANCIAL PLANNER™ professionals.
The 2013 Household Financial Planning Survey shows that those with a financial plan feel more confident and report more success managing money, savings and investments than those without a plan.
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