Revised Terms and Conditions of Certification - May 2016

About CFP Board

MAXXCAT_START

Revised Terms and Conditions of Certification - May 2016

Effective May 2, 2016

CFP Board’s Terms and Conditions of Certification and License (“Terms”) have been revised.  The revised Terms take effect on May 2, 2016, and include a new mandatory arbitration provision.

The Terms set forth the contractual agreement between CFP Board and each individual CFP® professional. The revised Terms provide additional details concerning the requirements for certification and grant of license to use the CFP® certification marks. Beginning May 2, 2016, the revised Terms apply to all current and future CFP® professionals.  CFP Board encourages all CFP® professionals and candidates for CFP® certification to familiarize themselves with the revised Terms. 

The full text of the revised Terms, a copy of the preceding version (updated December 2008), an annotated copy of the revised Terms, a March 24, 2016 Notice to CFP® Professionals regarding the revised Terms, and answers to several questions are available below. 

Download the Revised Terms and Conditions (PDF, 439KB)

Review the Revised Terms and Conditions (web page)

Reference Materials

The Notice to CFP® Professionals and other materials available for download below are provided for reference and are not intended to capture each and every change and addition to the Terms.

Download the March 24, 2016 Notice to CFP® Professionals (PDF, 59KB)

Download an Annotated Copy of the Revised Terms and Conditions (PDF, 183KB)

Download the December 2008 Terms and Conditions (PDF, 45KB)

Download Answers to Questions about the Revised Terms and Conditions (PDF, 25KB)

Read Answers to Questions about the Revised Terms and Conditions (web page)


Questions?

Questions concerning the updated Terms and Conditions may be directed to Leo G. Rydzewski, General Counsel, at 800-487-1497 or mail@cfpboard.org.

Center For Financial Planning | Logo | Gold

The Center's focus includes workforce development, diversity, and the profession's body of knowledge.

Learn More

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 themselves 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.