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CFP Board

August 16, 2013

Recording of Compensation Disclosure Webinar Now Available

If you weren't able to join us for last week’s webinar, “How to Avoid Misleading Compensation Disclosures,” or want to listen again to the important reminder on the compensation disclosure requirements of CFP Board’s Standards of Professional Conduct, a recording is now available for on-demand viewing.

This webinar provides information for CFP® professionals on:

  • The scope of CFP Board’s compensation definitions; and
  • The obligation to make accurate disclosures of compensation methods.

Learn more and view the webinar recording >


Notice to CFP® Professionals:
Importance of Accurate Compensation Disclosures

CFP Board announced during last week’s webinar the release of a new Notice to CFP® Professionals on the importance of accurate compensation disclosures, which provides an important reminder that CFP® professionals are required to disclose to clients and prospective clients information concerning the CFP® professional’s compensation. A copy of the Notice is being mailed to all CFP® professionals and is available for review on CFP Board’s website.

View the Notice to CFP® Professionals > (PDF)


New Reference Document: Disclosure Guide

CFP Board has released a new guide to assist CFP® professionals in maintaining compliance with CFP Board’s disclosure requirements. The new Disclosure Guide explains what, when, and how to make the disclosures to clients and prospective clients required by CFP Board’s Standards of Professional Conduct, for both financial planning engagements and other engagements. Printed copies can be ordered through CFP® professionals’ online accounts, and an electronic version is available for download.

Download the Disclosure Guide online > (PDF)

Order copies of the Disclosure Guide from your online CFP Board account >


CFP® Professionals:
Are You Listed in Our “Find a CFP® Professional” Search Tool?

CFP Board’s websites, www.CFP.net and www.letsmakeaplan.org, prominently feature our “Find a CFP® Professional” search tool, which is designed to connect CFP® professionals with potential clients. If you aren’t currently participating, it is easy to sign up.

For your information to be included in the CFP® professional search tool, you must:

  1. Accept the Terms and Conditions
  2. Indicate that you currently accept new clients;
  3. Identify yourself as a practicing financial planner; and
  4. Include at least once "Search Address" in your CFP® Professional Search Profile.

To participate, or to review your search profile and update your compensation information, log in at www.CFP.net/log-in, access your account, and select the “Update Search Profile” link.

This popular tool now allows CFP® professionals to upload a photo and provide additional information about their businesses, including an optional disclosure or disclaimer statement, and up to 6 business addresses. The tool also includes a new feature that will allow potential clients to contact CFP® professionals with an appointment request or other message directly through CFP Board’s website.

Regardless of whether you choose to participate in the enhanced CFP® professional search function, your information is available to the public through a separate CFP® certification verification function. This verification function allows individuals to confirm a financial planner’s certification status by entering the planner’s first and last name.

If you have questions about CFP Board’s CFP® professional search tool, please contact us at 800-487-1497 or mail@cfpboard.org.
 

 

CERTIFIED FINANCIAL PLANNER BOARD OF STANDARDS, INC.
mail@cfpboard.org
P 800-487-1497 • F 202-379-2299 • CFP.NET
1425 K STREET, NW #500 • WASHINGTON, DC 20005
 
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Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete initial and ongoing certification requirements.