As a precursor to the January 1, 2012 deadline for the new CFP® Certification Requirements, we will be taking a closer look at what you need to evaluate in regards to how these requirement modifications may affect you. Join us over the next few weeks as we examine:
- How the 2012 Certification Requirements Impact the CFP Board Exam
- What Financial Advisors and Career Changers need to know about the changing requirements
- How the CFP Requirement changes impact Exam Challengers
Part 1: Will the new 2012 CFP® Certification Requirements Impact the CFP Board exam?
A lot of people ask me how the new CFP Board Certification Education requirements will impact the actual exam. And the answer is that the new Financial Plan Development course requirement and the changes to the CFP Board exam are two separate events. How could the CFP Board possibly give a test in March 2012 that incorporates educational changes that take place in January 2012?
The CFP Board periodically updates the exam topic list, and it just so happens that this latest update coincides with the changes to CFP Board requirements for certification. However, the structure of the CFP exam is not going to change. There will be some new topics that the CFP Board will begin testing on, including a stronger emphasis on ethics and client communications, but it is material that should already be covered by your educational provider.
So the main concern for students through the rest of this year is not how changes will impact the actual exam, but how will the changes impact my timeline and my expense for gaining CFP® Certification?
If you’d like to learn more about how the new CFP® Certification requirements will impact your goal of gaining CFP® Certification, download our helpful guide on the changes.
If you are evaluating important factors to consider when choosing the proper educational provider, download our roapmap for how to go about selecting the right online program for you or visit our website at http://www.financialplannerprogram.com.