What Do CFP® Professionals Do?

by Chelsea Rosine | Jan 22, 2020
What do certified financial planners do

CFP® professionals help clients create long-term plans to meet their financial goals. Whether it's getting out of debt, saving for a home, diversifying your portfolio, or investing for retirement, a CFP® professional can help you create a financial roadmap. If you're considering receiving a CERTIFIED FINANCIAL PLANNER™ certification, or you're looking to renew your certification, the first step is to understand what a CFP® certification can do for you.

CERTIFIED FINANCIAL PLANNER™ vs. Financial Advisor

The term "financial advisor" can refer to almost anyone who advises you on your finances or investments. This can include accountants, investment brokers, and also CFP® professionals. A CERTIFIED FINANCIAL PLANNER™, however, must be certified by the CERTIFIED FINANCIAL PLANNER™ Board of Standards (CFP Board).

The CFP® Certification Difference

With a CFP® certification comes a responsibility to always keep their clients’ best interests in mind and never work out of self-interest. Those with a CFP® certification have expertise about every stage of a financial lifestyle. CFP® professionals are meant to grow with their clients' needs. There are many financial milestones in a person's life and the CFP® certification qualifies an individual to provide their financial expertise every step of the way. The CFP Board keeps a database of all CFP® professionals in the United States so you can easily be found by potential clients in your area.

The Future of the Financial Planning Industry

The financial planning industry is rapidly growing. The Bureau of Labor Statistics predicts there will be a 7.4% job growth by 2026. Of all the financial planners in the United States, only about 30% of them hold a CFP® certification. As Baby Boomers continue to retire and Millennials continue to pay off student debt and start families of their own, there is a need for CFP® professionals to help almost every generation create long-term financial goals for the various stages of life.

How to Become a CERTIFIED FINANCIAL PLANNER™

Having a CFP® mark after your name can offer career growth, income potential, and a high satisfaction from helping people meeting meet their goals. Whether you plan to work for a firm or practice as an independent, a CFP® designation can allow you the flexibility you need to advance your career.

WebCE is a CFP® Board Continuing Education Quality Provider and has successfully met the criteria established by the CFP Board. Get ahead of this growing industry by completing your CFP® certification continuing education with WebCE to keep your certification up-to-date.

To view our courses, visit WebCE's course catalog or call our knowledgeable customer support team at 877.408.9308.

Learn More  CFP Course Catalog