Frequently Asked Questions
- What is CFP® Certification?
- Why are the CFP® Certification Requirements Important?
- What is required to obtain a CFP® Certification?
- How did Emory become an approved CFP education provider?
- What is the Certified Financial Planner® Board of Standards?
- Do you offer Review Courses?
- How much study time outside of class should I expect?
- Are continuing education loans available for non-credit classes?
To obtain the CFP® certification, there are the four E’s: Education, Examination, Experience and Ethics.
Education: CFP® professionals must develop their theoretical and practical financial planning knowledge by completing a comprehensive course of study at a college or university offering a financial planning curriculum approved by CFP Board. Other options for satisfying the education component include submitting a transcript review or previous financial planning-related course work to CFP Board for review and credit, or showing the attainment of certain professional designations or academic degrees. Beginning in 2007, in addition to fulfilling the education requirement, a bachelor's degree in any discipline will be required in order to attain CFP® certification. The college degree requirement is a condition of initial certification; it is not a requirement to be eligible to take the CFP® Certification Examination and does not have to occur before sitting for the exam or fulfilling the work experience. A bachelor's degree in any major from a regionally accredited U.S. college or university will be accepted, and evidence (photocopy of degree) will be required at the final stage of initial certification.
Examination: CFP® practitioners must pass a comprehensive two-day, 10-hour CFP® Certification Examination that tests their ability to apply financial planning knowledge in an integrated format. Based on regular research of what planners do, the exam covers the financial planning process, tax planning, employee benefits and retirement planning, estate planning, investment management and insurance.
Experience: CFP® professionals must have three years minimum experience in the financial planning process prior to earning the right to use the CFP® certification marks. As a result, CFP® practitioners possess financial counseling skills in addition to financial planning knowledge.
Note: Please visit the CFP Board website for further details on experience requirement.
Ethics: As a final step to certification, CFP® practitioners agree to abide by a strict code of professional conduct, known as CFP Board’s Code of Ethics and Professional Responsibility, that sets forth their ethical responsibilities to the public, clients and employers. CFP Board also performs a background check during this process, and each individual must disclose any investigations or legal proceedings related to their professional or business conduct.
Emory does not offer an overall review for the national comprehensive CFP® Certification Examination (not required but recommended), but nationally known companies offer reviews in Atlanta:
•Keir Educational Resources offer review materials and courses. www.keirsuccess.com
•Zahn intensive review uses a special classroom book designed by Ken Zahn. You may contact them directly at www.kenzahn.com
•The Dalton Review comprehensive CFP review. For more information go to www.thedaltonreview.com.
Please note that fees charged for the Review Courses are separate from the fees charged for Emory's Financial Planning Certificate Program.