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CFP Board in the News

Why Our Fiduciary Standard Is No Joke

Sep 24, 2012

Our inclusion of a fiduciary standard in our revised guidelines has helped advisers regain trust with the American public. A recent Aite Group survey showed, for instance, that CFP® professionals are more productive than their peers without the certification. Perhaps this is also why the number of CFP® professionals has grown by 24 percent over the last 5 years across all business models. And that's why the CFP® designation is more recognized by the public than all other financial planning designations.

The CFP Board is a 501(c)(3) nonprofit whose mission is to benefit the public and we take that charge seriously by being the only financial planning designation that requires and enforces a fiduciary standard of care. Our designation and our enforcement process is respected by CFP® professionals, consumers, regulators and policymakers. It has teeth and it means something. That's no joke. Read more >

The Wall Street Journal
Kevin R. Keller
September 24, 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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