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On the CFP website, they have decided to extend the time on a college degree requirement. It seems that CFP has allowed people to take the Credential without an accredited college degree since their inception (for 25+ years). It seems that they plan to require a college education by next year.
The use of ™ is correctly used in this article. Please do not delete this version. —The preceding unsigned comment was added by Paradigmbuff ( talk • contribs) 21:55, 10 November 2004.
Copyrighted expression? Please clarify? It is my understanding that without the trademark or copyright symbols, that would violate a copyrighted expression. Therefore, I don't think I understand the question. I've had this issue come up before and was informed by another that copyrighted expressions are not used in Wikipedia. And yet, I noticed that images are copyright protected on Wikipedia. So, I'm not really sure how to answer this question either.
Just sharing a little bit of my experience with this, accredited programs are better, and do seriously consider a review provider or two or however many it takes to pass that exam. Paradigmbuff 22:33, Nov 19, 2004 (UTC)
Reason for Blanking: The title of this article is incorrectly used. The CFP Board has strict guidelines on the use of ™ which is required in this case. The same article can be found under Certified Financial Planner™. —The preceding unsigned comment was added by Paradigmbuff ( talk • contribs) 21:53, 10 November 2004.
Apparently, trademarks or copyrights not required for the purpose of this article. If a certificant or board member finds out that the CFP® mark has not been properly used in this article, please do not ask me to change it again. —The preceding unsigned comment was added by Paradigmbuff ( talk • contribs) 22:21, 11 November 2004.
(Note: This comment was modified by 66.20.153.2 ( talk · contribs) at 22:35, 11 November 2004. Noel (talk) 00:07, 1 October 2005 (UTC))
I've removed the copyvio notice, as it's clear that the page which was quoted as the source is actually a mirror of Wikipedia. However, I've also removed the © symbols from the text, as we don't generally use them here. It may well be the CFP Board's rule that these symbols are used when the title is used officially, but that's a private issue - WP is not using the title officially, and is under no obligation to use the symbols. For that reason, the page should also be moved to Certified Financial Planner, without the ™. sjorford →•← 14:09, 17 Mar 2005 (UTC)
This article has been renamed as the result of a move request. violet/riga (t) 19:51, 21 Mar 2005 (UTC)
This article requires the history stored at Certified Financial Planner/history merging in when the block compression issue is resolved. violet/riga (t) 19:51, 21 Mar 2005 (UTC)
The category Financial Services seems more appropriate. Although a financial planner may be affiliated with a bank which offers services and products described currently under Retail financial services, a planner in the United States could also be an individual Investment Adviser registered either with the Securities Exchange Commission (SEC) or with the individual states he/she practices in. I believe the Financial Planning Association and possibly the CFP Board as well, are working with the SEC to remove this registration requirement. The article as it is now is neutral on this point and does not address this at all. The other possibility...a planner could also be an insurance broker or agent. According to folks who have been practicing as planners in this industry for 30 or more years, the field of financial planning evolved from the insurance industry. And the CFP(r) designation is one such credential along with the CLU. One other thing, some planners can also be practicing attornies; more so in the field of Estate Planning in private practice. Then of course, you can't forget the investment brokers. In reality, I do not see why an investment broker would go through the trouble of obtaining a CFP(r) and not practice as a financial planner. I can, however, see the logic of obtaining a CFA. An investment broker is more specialized. A planner, on the other hand, covers a broader area of financial services - from insurance (life, health, home/apartment, auto, long term care) to Last will and testament, creation of trusts, Living will, power of attorney durable or not....I'm certain there are brokers AND planners who would disagree with my assessment. But I hope you understand why I believe this article should fall under the category of "Financial Services" as opposed to "Retail Financial Services". —The preceding unsigned comment was added by 65.4.74.226 ( talk • contribs) 16:24, 19 May 2005.
The CFP designation is a global designation, offered in many different countries.
FPSB has members and associate members from 19 countries. These members have authorized more than 73,000 individuals to use the CFP marks worldwide. Each organization has endorsed the CERTIFIED FINANCIAL PLANNER™ certification process as the best means of demonstrating financial planner competency and ethical behavior. Members of the Council work to promote the CFP certification marks as the globally recognized standard of excellence for financial planners.
More information on the council can be viewed at www.fpsb.org —The preceding unsigned comment was added by Sholland ( talk • contribs) 21:25, 26 July 2005.
I consulted this article to determine if the designation, "Certified Financial Planner (CFP)" was a guarantee of unbiased financial guidance. It appears the designation, "CFP" provides no such assurance. However, this article does refer the reader to ten questions that a person should ask a potential provider of financial guidance. Question 8 reads as follows:
8. Could anyone besides me benefit from your recommendations? Some business relationships or partnerships that a planner has could affect her professional judgment while working with you, inhibiting the planner from acting in your best interest. Ask the planner to provide you with a description of her conflicts of interest in writing. For example, financial planners who sell insurance policies, securities or mutual funds have a business relationship with the companies that provide these financial products. The planner may also have relationships or partnerships that should be disclosed to you, such as business she receives for referring you to an insurance agent, accountant or attorney for implementation of planning suggestions.
The designations, "CFP" and "CFA" entail compliance with written ethical standards. But these standards do not preclude relationships that may constitute conflicts of interest. Fair enough. Without more, no harm done. But this article, as written, does not directly speak to third party relationships and potential conflicts of interest. I suggest the inclusion of such language that would state, as a point of fact, that conflicts of interest are not precluded by the designation "CFP" or "CFA".
REMARKS AND PERSONAL OPINION: A search of Wikipedia for, "Certified Financial Consultant (CFC)" produced no results. I suspect this designation is in use by someone, somewhere. I don't know. But I do see a need for a designation that (by definition and enforcement) precludes any and all third party relatonships that suggest (or in fact constitute) a conflict of interst. Of course, certified unbiased financial guidance would, in most cases, require fee basis compensation. No problem here. Many financial consultants already work on a fee basis. And Doctors and attorneys do it all the time. AA266 ( talk) 02:00, 18 July 2009 (UTC)
This article should clearly state that a CFP does NOT have a fiduciary responsibility to a client, as this is the whole reason this nonsense designation was developed, given all the bad press that financial advisers and the like who are not required to have a fiduciary relationship with clients have been receiving. The fact is that if you want your financial investments to be in your best interest, you need a legal fiduciary agreement. This CFP nonsense is just that, nonsense. No, I'm not in the financial business, but I do invest and my relationship with my adviser is fiduciary - yes it cost more, but is worth it, at least for me. 68.189.209.118 ( talk) 04:03, 22 February 2015 (UTC)
How is a CFP paid? I haven't been able to learn from this article whether they are paid by commissions, as are stockbrokers, or by other means. Perhaps other people are curious. Shouldn't WP answer this question?
Donfbreed2 ( talk) 00:07, 21 March 2013 (UTC)
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I have started a general clean up. Some of this material still needs work -- particularly the section on education. And, there was some material on supposed differences between the CFP in the United States and the CFP in Canada for which I find absolutely no support in the source material. I deleted the dubious "Canada" material. If a reliable source for the Canada material can be found later, then the material can be re-added. Famspear ( talk) 20:07, 9 December 2016 (UTC)
The weird, unsupported verbiage regarding CFPs in Canada was apparently added by an anonymous user a while back, here: [1]. Famspear ( talk) 21:36, 9 December 2016 (UTC)
This article is rated Start-class on Wikipedia's
content assessment scale. It is of interest to the following WikiProjects: | |||||||||||||||||||||
|
The following Wikipedia contributor may be personally or professionally connected to the subject of this article. Relevant policies and guidelines may include
conflict of interest,
autobiography, and
neutral point of view.
|
Individuals with a conflict of interest, particularly those representing the subject of the article, are strongly advised not to directly edit the article. See Wikipedia:Conflict of interest. You may request corrections or suggest content here on the Talk page for independent editors to review, or contact us if the issue is urgent. |
On the CFP website, they have decided to extend the time on a college degree requirement. It seems that CFP has allowed people to take the Credential without an accredited college degree since their inception (for 25+ years). It seems that they plan to require a college education by next year.
The use of ™ is correctly used in this article. Please do not delete this version. —The preceding unsigned comment was added by Paradigmbuff ( talk • contribs) 21:55, 10 November 2004.
Copyrighted expression? Please clarify? It is my understanding that without the trademark or copyright symbols, that would violate a copyrighted expression. Therefore, I don't think I understand the question. I've had this issue come up before and was informed by another that copyrighted expressions are not used in Wikipedia. And yet, I noticed that images are copyright protected on Wikipedia. So, I'm not really sure how to answer this question either.
Just sharing a little bit of my experience with this, accredited programs are better, and do seriously consider a review provider or two or however many it takes to pass that exam. Paradigmbuff 22:33, Nov 19, 2004 (UTC)
Reason for Blanking: The title of this article is incorrectly used. The CFP Board has strict guidelines on the use of ™ which is required in this case. The same article can be found under Certified Financial Planner™. —The preceding unsigned comment was added by Paradigmbuff ( talk • contribs) 21:53, 10 November 2004.
Apparently, trademarks or copyrights not required for the purpose of this article. If a certificant or board member finds out that the CFP® mark has not been properly used in this article, please do not ask me to change it again. —The preceding unsigned comment was added by Paradigmbuff ( talk • contribs) 22:21, 11 November 2004.
(Note: This comment was modified by 66.20.153.2 ( talk · contribs) at 22:35, 11 November 2004. Noel (talk) 00:07, 1 October 2005 (UTC))
I've removed the copyvio notice, as it's clear that the page which was quoted as the source is actually a mirror of Wikipedia. However, I've also removed the © symbols from the text, as we don't generally use them here. It may well be the CFP Board's rule that these symbols are used when the title is used officially, but that's a private issue - WP is not using the title officially, and is under no obligation to use the symbols. For that reason, the page should also be moved to Certified Financial Planner, without the ™. sjorford →•← 14:09, 17 Mar 2005 (UTC)
This article has been renamed as the result of a move request. violet/riga (t) 19:51, 21 Mar 2005 (UTC)
This article requires the history stored at Certified Financial Planner/history merging in when the block compression issue is resolved. violet/riga (t) 19:51, 21 Mar 2005 (UTC)
The category Financial Services seems more appropriate. Although a financial planner may be affiliated with a bank which offers services and products described currently under Retail financial services, a planner in the United States could also be an individual Investment Adviser registered either with the Securities Exchange Commission (SEC) or with the individual states he/she practices in. I believe the Financial Planning Association and possibly the CFP Board as well, are working with the SEC to remove this registration requirement. The article as it is now is neutral on this point and does not address this at all. The other possibility...a planner could also be an insurance broker or agent. According to folks who have been practicing as planners in this industry for 30 or more years, the field of financial planning evolved from the insurance industry. And the CFP(r) designation is one such credential along with the CLU. One other thing, some planners can also be practicing attornies; more so in the field of Estate Planning in private practice. Then of course, you can't forget the investment brokers. In reality, I do not see why an investment broker would go through the trouble of obtaining a CFP(r) and not practice as a financial planner. I can, however, see the logic of obtaining a CFA. An investment broker is more specialized. A planner, on the other hand, covers a broader area of financial services - from insurance (life, health, home/apartment, auto, long term care) to Last will and testament, creation of trusts, Living will, power of attorney durable or not....I'm certain there are brokers AND planners who would disagree with my assessment. But I hope you understand why I believe this article should fall under the category of "Financial Services" as opposed to "Retail Financial Services". —The preceding unsigned comment was added by 65.4.74.226 ( talk • contribs) 16:24, 19 May 2005.
The CFP designation is a global designation, offered in many different countries.
FPSB has members and associate members from 19 countries. These members have authorized more than 73,000 individuals to use the CFP marks worldwide. Each organization has endorsed the CERTIFIED FINANCIAL PLANNER™ certification process as the best means of demonstrating financial planner competency and ethical behavior. Members of the Council work to promote the CFP certification marks as the globally recognized standard of excellence for financial planners.
More information on the council can be viewed at www.fpsb.org —The preceding unsigned comment was added by Sholland ( talk • contribs) 21:25, 26 July 2005.
I consulted this article to determine if the designation, "Certified Financial Planner (CFP)" was a guarantee of unbiased financial guidance. It appears the designation, "CFP" provides no such assurance. However, this article does refer the reader to ten questions that a person should ask a potential provider of financial guidance. Question 8 reads as follows:
8. Could anyone besides me benefit from your recommendations? Some business relationships or partnerships that a planner has could affect her professional judgment while working with you, inhibiting the planner from acting in your best interest. Ask the planner to provide you with a description of her conflicts of interest in writing. For example, financial planners who sell insurance policies, securities or mutual funds have a business relationship with the companies that provide these financial products. The planner may also have relationships or partnerships that should be disclosed to you, such as business she receives for referring you to an insurance agent, accountant or attorney for implementation of planning suggestions.
The designations, "CFP" and "CFA" entail compliance with written ethical standards. But these standards do not preclude relationships that may constitute conflicts of interest. Fair enough. Without more, no harm done. But this article, as written, does not directly speak to third party relationships and potential conflicts of interest. I suggest the inclusion of such language that would state, as a point of fact, that conflicts of interest are not precluded by the designation "CFP" or "CFA".
REMARKS AND PERSONAL OPINION: A search of Wikipedia for, "Certified Financial Consultant (CFC)" produced no results. I suspect this designation is in use by someone, somewhere. I don't know. But I do see a need for a designation that (by definition and enforcement) precludes any and all third party relatonships that suggest (or in fact constitute) a conflict of interst. Of course, certified unbiased financial guidance would, in most cases, require fee basis compensation. No problem here. Many financial consultants already work on a fee basis. And Doctors and attorneys do it all the time. AA266 ( talk) 02:00, 18 July 2009 (UTC)
This article should clearly state that a CFP does NOT have a fiduciary responsibility to a client, as this is the whole reason this nonsense designation was developed, given all the bad press that financial advisers and the like who are not required to have a fiduciary relationship with clients have been receiving. The fact is that if you want your financial investments to be in your best interest, you need a legal fiduciary agreement. This CFP nonsense is just that, nonsense. No, I'm not in the financial business, but I do invest and my relationship with my adviser is fiduciary - yes it cost more, but is worth it, at least for me. 68.189.209.118 ( talk) 04:03, 22 February 2015 (UTC)
How is a CFP paid? I haven't been able to learn from this article whether they are paid by commissions, as are stockbrokers, or by other means. Perhaps other people are curious. Shouldn't WP answer this question?
Donfbreed2 ( talk) 00:07, 21 March 2013 (UTC)
Hello fellow Wikipedians,
I have just modified one external link on Certified Financial Planner. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
When you have finished reviewing my changes, please set the checked parameter below to true or failed to let others know (documentation at {{
Sourcecheck}}
).
This message was posted before February 2018.
After February 2018, "External links modified" talk page sections are no longer generated or monitored by InternetArchiveBot. No special action is required regarding these talk page notices, other than
regular verification using the archive tool instructions below. Editors
have permission to delete these "External links modified" talk page sections if they want to de-clutter talk pages, but see the
RfC before doing mass systematic removals. This message is updated dynamically through the template {{
source check}}
(last update: 5 June 2024).
Cheers.— InternetArchiveBot ( Report bug) 18:15, 18 November 2016 (UTC)
I have started a general clean up. Some of this material still needs work -- particularly the section on education. And, there was some material on supposed differences between the CFP in the United States and the CFP in Canada for which I find absolutely no support in the source material. I deleted the dubious "Canada" material. If a reliable source for the Canada material can be found later, then the material can be re-added. Famspear ( talk) 20:07, 9 December 2016 (UTC)
The weird, unsupported verbiage regarding CFPs in Canada was apparently added by an anonymous user a while back, here: [1]. Famspear ( talk) 21:36, 9 December 2016 (UTC)