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To become certified as a CFP, you must pass the CFP certification exam. By passing the test, you prove that you have the expertise required to give your clients comprehensive personal financial planning guidance. You can rely on CFP Board for the support, information, and tools you need to ace your exam. Moreover, the CFP exam, which assesses your capacity to apply financial planning knowledge to actual circumstances, must be passed to qualify for CFP certification. Thanks to this thorough exam, you are highly qualified to create a complete plan for your client’s finances.
The CFP exam consists of 170 multiple-choice questions on the CFP exam cover subjects from the Principal Knowledge Topics. Moreover, you will respond to three questions: stand-alone inquiries, condensed scenarios, and case studies. You will get 3 hours to complete the exam. The analysis outlines the Principal Knowledge Domains, which act as a guide for creating the exam’s subject matter. However, with less focus on factual recollection or identification, the exam’s content calls for using critical thinking and problem-solving skills.
Early enrollment costs for CFA Exam is 900 USD, while normal registration costs USD 1,200 for the CFA Program exam. USD 350 is the one-time enrollment charge. Furthermore, candidates who live in India now have a new payment option: The CFA Institute and education loan provider Eduvanz have teamed to provide individuals interested in applying for the CFA Program with an EMI (Equated Monthly Installment) alternative (interest rate to be applied). Only applicants who reside in India may use this EMI payment option.
Professionals with the designation “CERTIFIED FINANCIAL PLANNERTM” have achieved the highest level of expertise in financial planning through a combination of education, experience, and ethical standards. As a condition of receiving this designation, they have pledged to the CFP Board that they would act in your best interests now to give you a more secure future.
The certified financial planner exam contains the following topics:
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