Steven Harp has run six marathons and is training for a punishing 140 mile swim-bike-run Ironman, but he says the most challenging thing he's done recently is try to get Certified Financial Planner[™ certification].
The 32-year old adviser with Northwestern Mutual sat for the CFP exam March 22, along with about 1,570 others. All hope that adding the initials CFP[®] to their business cards will indicate expertise, credibility, and help build their businesses.
"It's the most rigorous examination process I've ever been through," Harp said. After 230 hours of study, just shy of the 250 hours the CFP Board of Standards recommends, he is still waiting to hear whether he passed. Last year only 63 percent of those who sat for the 10-hour exam passed. To do so, they have to demonstrate expertise on everything from the tax code to Social Security benefits and estate planning. Read more >
By Hilary Johnson
April 4, 2014