News & Events

MAXXCAT_START

CFP Board in the News

Advisers Want Washington to Let The Budget Ax Fall

Feb 24, 2013

Cuts might deal the nascent economic recovery a short-term setback, but investment advisers say the medicine is necessary to start curing the nation's long-term fiscal ills

Agencies such as the Securities and Exchange Commission are bracing for cuts. The SEC, which might have to trim its budget by more than $100 million, has not provided any details on how it would deal with a funding reduction, but SEC spokes-man John Nester said that no staff furloughs or layoffs would result from sequestration.

Chairman Elisse Walter told reporters Feb. 14 that in the event of sequestration, it wouldn't be able to hire all the people it needed. “We won't be able to do all the things we plan to do, but we are prepared,” she said.

“Essentially, they have to operate with both hands tied behind their back and walking on crutches,” said Marilyn Mohrman-Gillis, managing director of public policy and communication at the Certified Financial Planner Board of Standards Inc. Read more >

Investment News
Mark Schoeff, Jr.
February 24, 2013

Speaker's Bureau
CFP Board’s leadership and representatives are available for interviews and speaking engagements on personal finance, the financial planning profession, CFP Board and the CFP® designation.

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.
Let's Make A Plan
Don't address your finances individually. Pull your finances together with the help of a CFP® professional.