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140+ Concise Video Lectures (12+ Hours)

4 full-length practice cases included

1000+ CFP® Quiz Questions with Detailed Explanations

100% On-Demand Courses

Experienced Instructor-led class

Always Current with Free Online Updates until you PASS

Pricing

$349/ Year ( Includes 1 Year Complimentary myCPE Unlimited Access)

  • 140+ Concise Video Lectures (12+ Hours)
  • 4 full-length practice cases included
  • 1000+ CFP® Quiz Questions with Detailed Explanations
  • 100% On-Demand Courses
  • Monthly Live Mentoring Session
  • Get regular updates until you PASS.
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Register @ $349

  • 1. Preface

    1 Sessions | 33 Secs

    • Instructor Welcome

      33 Secs     

  • 2. Introduction

    1 Sessions | 2 Mins, 4 Secs

    • How to Use this Course Effectively

      2 Mins, 4 Secs     

  • 3. Understanding the Exam

    1 Sessions | 8 Mins

    • Achieving Success on the CFP® Exam

      8 Mins     

  • 4. Handling Multiple-Choice Questions

    1 Sessions | 8 Mins, 12 Secs

    • Strategies

      8 Mins, 12 Secs     

  • 5. Achieving Success on Calculation Questions

    1 Sessions | 4 Mins, 18 Secs

    • Why Calculation Competency is So Important

      4 Mins, 18 Secs     

  • 1. CFP Board’s Code of Ethics and Standards of Conduct

    1 Sessions | 10 Mins, 15 Secs

    • Summary of Key Concepts

      10 Mins, 15 Secs     

  • 2. CFP Board’s Procedural Rules

    1 Sessions | 2 Mins, 45 Secs

    • Summary

      2 Mins, 45 Secs     

  • 3. Function, Purpose, and General Structure of Financial Institutions

    1 Sessions | 2 Mins, 49 Secs

    • FDIC Calculations

      2 Mins, 49 Secs     

  • 4. Financial Services Regulations and Requirements

    1 Sessions | 4 Mins, 9 Secs

    • Investment Advisers Act

      4 Mins, 9 Secs     

  • 5. Consumer Protection Laws

    1 Sessions | 3 Mins, 23 Secs

    • Types of Bankruptcy Proceedings

      3 Mins, 23 Secs     

  • 6. Fiduciary Standard and Application

  • 1. Financial Planning Process

    1 Sessions | 5 Mins, 49 Secs

    • Exam Tips and Traps on the Financial Planning Process

      5 Mins, 49 Secs     

  • 2. Financial Statements

    1 Sessions | 9 Mins, 55 Secs

    • Exam Traps

      9 Mins, 55 Secs     

  • 3. Cash Flow Management

    1 Sessions | 6 Mins, 17 Secs

    • Key Points to Remember

      6 Mins, 17 Secs     

  • 4. Financing Strategies and Debt Management

  • 5. Economic Concepts

    1 Sessions | 8 Mins, 35 Secs

    • Summary of Monetary and Fiscal Policy

      8 Mins, 35 Secs     

  • 6. Time Value of Money Concepts and Calculations

    2 Sessions | 18 Mins, 12 Secs

    • Using Visuals to Understand Problems and Reduce Errors

      7 Mins     

    • Drawing Timelines and Problem-Solving Approach

      11 Mins, 12 Secs     

  • 7. Education Needs Analysis

    1 Sessions | 3 Mins, 23 Secs

    • Education Funding Calculation Tips

      3 Mins, 23 Secs     

  • 8. Education Savings Vehicles

    1 Sessions | 9 Mins, 30 Secs

    • Summary of Funding Choices

      9 Mins, 30 Secs     

  • 9. Education Funding

  • 10. Gift/Income Tax Strategies

    1 Sessions | 5 Mins, 50 Secs

    • Gift/Income Tax Strategies Summary

      5 Mins, 50 Secs     

  • 1. Principles of Risk and Insurance

    1 Sessions | 16 Mins, 18 Secs

    • Key Concepts

      16 Mins, 18 Secs     

  • 2. Analysis and Evaluation of Risk Exposures

    2 Sessions | 8 Mins, 3 Secs

    • The 80% Replacement Cost Calculation

      5 Mins, 37 Secs     

    • Uncovering Risk Management Weaknesses in Case Studies

      2 Mins, 26 Secs     

  • 3. Health Insurance and Health Care Cost Management (Individual and Group)

    1 Sessions | 5 Mins, 51 Secs

    • Key Points to Know

      5 Mins, 51 Secs     

  • 4. Disability Income Insurance (Individual and Group)

    1 Sessions | 4 Mins, 6 Secs

    • Definitions of Disability and Taxation of Benefits

      4 Mins, 6 Secs     

  • 5. Long-term Care Insurance and Long-term Care Planning (Individual and Group)

    1 Sessions | 5 Mins, 23 Secs

    • Medicare vs. Medicaid vs. Long-term Care Policy

      5 Mins, 23 Secs     

  • 6. Qualified and Non-Qualified Annuities

    1 Sessions | 9 Mins, 1 Sec

    • Summary

      9 Mins, 1 Sec     

  • 7. Life Insurance (Individual and Group)

    2 Sessions | 10 Mins, 34 Secs

    • Important Policy Provisions

      3 Mins, 57 Secs     

    • Tax Treatment of life Insurance

      6 Mins, 37 Secs     

  • 8. Business Owner Insurance Solutions

    2 Sessions | 12 Mins, 6 Secs

    • Importance of Buy-Sell Agreements

      7 Mins, 33 Secs     

    • Uses for Non-Qualified Deferred Compensation Plans

      4 Mins, 33 Secs     

  • 9. Insurance Needs Analysis

    1 Sessions | 8 Mins, 35 Secs

    • Life Insurance Planning

      8 Mins, 35 Secs     

  • 10. Insurance Policy and Company Selection

    1 Sessions | 13 Mins, 22 Secs

    • Factors in Choosing the Right Policy

      13 Mins, 22 Secs     

  • 1. Characteristics, Uses, and Taxation of Investment Vehicles

    1 Sessions | 7 Mins, 56 Secs

    • Options

      7 Mins, 56 Secs     

  • 2. Types of Investment Risk

    1 Sessions | 8 Mins, 1 Sec

    • Investment Risk Discussion

      8 Mins, 1 Sec     

  • 3. Market Cycles

    1 Sessions | 4 Mins, 55 Secs

    • The Business Life Cycle

      4 Mins, 55 Secs     

  • 4. Quantitative Investment Concepts and Measures of Investment Returns

    4 Sessions | 14 Mins, 6 Secs

    • Importance of Investment Calculation

      3 Mins, 33 Secs     

    • MPT and the Efficient Frontier

      3 Mins, 21 Secs     

    • When to Use the Sharpe, Treynor, or Jensen Ratios

      3 Mins, 32 Secs     

    • Importance of Weighted Average Calculation

      3 Mins, 40 Secs     

  • 5. Asset Allocation and Portfolio Diversification

    1 Sessions | 4 Mins, 15 Secs

    • Asset Allocation Questions

      4 Mins, 15 Secs     

  • 6. Bond and Stock Valuation Concepts

    2 Sessions | 7 Mins, 25 Secs

    • Handling Duration Questions

      4 Mins, 4 Secs     

    • Intrinsic Value Calculations

      3 Mins, 21 Secs     

  • 7. Portfolio Development and Analysis

    1 Sessions | 4 Mins, 40 Secs

    • Taxation and Investments

      4 Mins, 40 Secs     

  • 8. Investment Strategies

    2 Sessions | 7 Mins, 38 Secs

    • Margin Calculations

      3 Mins, 7 Secs     

    • Understanding the Hedging Process

      4 Mins, 31 Secs     

  • 9. Alternative Investments and Liquidity Risk

    1 Sessions | 4 Mins, 30 Secs

    • Real Estate Intrinsic Value Calculation

      4 Mins, 30 Secs     

  • 1. Fundamentals and Current Tax Law

    1 Sessions | 3 Mins, 45 Secs

    • Accounting Methods

      3 Mins, 45 Secs     

  • 2. Income Tax Fundamentals and Calculations

    4 Sessions | 16 Mins, 12 Secs

    • Education Credits

      3 Mins, 32 Secs     

    • Available Credits for Children/Dependents

      4 Mins, 9 Secs     

    • Tax Calculation Questions

      6 Mins, 38 Secs     

    • Taxpayer Interest and Penalties Summary

      1 Min, 53 Secs     

  • 3. Characteristics and Income Taxation of Business Entities

    1 Sessions | 6 Mins, 41 Secs

    • Exam Questions on Business Entities

      6 Mins, 41 Secs     

  • 4. Income Taxation of Trusts and Estates

    1 Sessions | 5 Mins, 49 Secs

    • Summary

      5 Mins, 49 Secs     

  • 5. Tax Reduction/Management Techniques

    1 Sessions | 6 Mins, 49 Secs

    • Summary of Tax Saving Methods

      6 Mins, 49 Secs     

  • 6. Tax Consequences of Property Transactions

    4 Sessions | 22 Mins, 41 Secs

    • Depreciation Summary

      10 Mins, 9 Secs     

    • Solving Like-kind Exchange Problems

      6 Mins, 38 Secs     

    • Tax on Sale of Personal Residence

      2 Mins, 43 Secs     

    • Tax Rules for Sec. 1244 Stock

      3 Mins, 11 Secs     

  • 7. Tax Implications of Special Circumstances

    1 Sessions | 5 Mins, 32 Secs

    • Summary of Passive Activity Rules

      5 Mins, 32 Secs     

  • 8. Charitable/Philanthropic Contributions and Deductions

    1 Sessions | 4 Mins, 8 Secs

    • Review of Allowable Deduction Amounts

      4 Mins, 8 Secs     

  • 1. Retirement Needs Analysis

    2 Sessions | 6 Mins, 59 Secs

    • Choosing the Appropriate Projection Method

      3 Mins, 11 Secs     

    • Drawing a Diagram to Visualize the Numbers in the Problem

      3 Mins, 48 Secs     

  • 2. Social Security and Medicare Planning

    2 Sessions | 11 Mins, 26 Secs

    • Important numbers to Remember

      7 Mins, 54 Secs     

    • Medicare Summary

      3 Mins, 32 Secs     

  • 3. Eldercare and special Needs Planning

    2 Sessions | 12 Mins, 55 Secs

    • Summary of Strategies for Medicaid Eligibility

      7 Mins, 53 Secs     

    • Medicaid Summary

      5 Mins, 2 Secs     

  • 4. Types of Retirement Plans

    3 Sessions | 16 Mins, 39 Secs

    • Classification of Retirement Plans

      4 Mins, 25 Secs     

    • Defined Contribution Plan Summary

      7 Mins, 19 Secs     

    • Defined Benefit Plans Summary

      4 Mins, 55 Secs     

  • 5. Qualified Plan Rules and Options

    5 Sessions | 26 Mins, 57 Secs

    • Eligibility Choices

      2 Mins, 47 Secs     

    • Importance of Passing Coverage Tests

      4 Mins     

    • Vesting Schedules

      4 Mins, 44 Secs     

    • Social Security Integration

      7 Mins, 29 Secs     

    • Using the Employee Census to Answer Questions

      7 Mins, 57 Secs     

  • 6. Non-Qualified Plan Rules and Options

    4 Sessions | 21 Mins, 20 Secs

    • IRA Contribution Rules

      6 Mins, 54 Secs     

    • Tax Rules for Roth IRA Withdrawals

      6 Mins, 31 Secs     

    • Stock Option Questions

      5 Mins, 29 Secs     

    • Advantages of NQDC Plans

      2 Mins, 26 Secs     

  • 7. Key Factors Affecting Plan Selection for Businesses

    2 Sessions | 12 Mins, 37 Secs

    • The “Choose the Best Retirement Plan” Questions

      7 Mins, 49 Secs     

    • How Owner Goals Affect Direction of the Plan Selection

      4 Mins, 48 Secs     

  • 8. Distribution Rules and Taxation

    3 Sessions | 13 Mins, 59 Secs

    • Exceptions to 10% Penalty

      5 Mins, 16 Secs     

    • IRA Beneficiary RMD Rules

      5 Mins, 43 Secs     

    • NUA Tax Treatment

      3 Mins     

  • 9. Retirement Income and Distribution Strategies

    1 Sessions | 11 Mins, 36 Secs

    • Structuring Retirement Plan Withdrawals

      11 Mins, 36 Secs     

  • 10. Business Succession Planning

    1 Sessions | 5 Mins, 43 Secs

    • Key Points in Business Succession Planning

      5 Mins, 43 Secs     

  • 1. Property Titling and Beneficiary Designations

    2 Sessions | 11 Mins, 59 Secs

    • Using a Trust to Control Assets

      5 Mins, 46 Secs     

    • Structuring Beneficiary Designations

      6 Mins, 13 Secs     

  • 2. Strategies to Transfer Property

    2 Sessions | 4 Mins, 25 Secs

    • Choosing the Best Method to Transfer Assets

      2 Mins, 37 Secs     

    • Importance of Uncovering Weaknesses on the Exam

      1 Min, 48 Secs     

  • 3. Estate and Incapacity Planning documents

    3 Sessions | 9 Mins, 28 Secs

    • Types of Wills

      2 Mins, 45 Secs     

    • Characteristics and Uses of Powers of Attorney

      3 Mins, 13 Secs     

    • Planning for Incapacity

      3 Mins, 30 Secs     

  • 4. Gift, Estate, and GST Tax Compliance and Calculation

    6 Sessions | 30 Mins, 26 Secs

    • Use in an Irrevocable Life Insurance Trust (ILIT)

      6 Mins, 12 Secs     

    • Gift Tax Key Points

      6 Mins, 41 Secs     

    • Importance of Calculating the size of the Gross Estate

      5 Mins, 58 Secs     

    • Use of A, B, and Q Testamentary Trusts

      3 Mins, 20 Secs     

    • Introduction to Valuation Discounts

      4 Mins, 42 Secs     

    • Generation Skipping Tax

      3 Mins, 33 Secs     

  • 5. Sources for Estate Liquidity

    2 Sessions | 7 Mins, 49 Secs

    • Estate Liquidity for Closely Held Businesses

      4 Mins, 12 Secs     

    • Life Insurance as an Invaluable Estate Planning Tool

      3 Mins, 37 Secs     

  • 6. Types, Features, and Taxation of Trusts

    2 Sessions | 8 Mins, 21 Secs

    • Comparison of Revocable and Irrevocable Trusts

      4 Mins, 42 Secs     

    • Testamentary Trust Planning

      3 Mins, 39 Secs     

  • 7. Marital Deduction

    1 Sessions | 4 Mins, 29 Secs

    • Key Points on the Marital Deduction

      4 Mins, 29 Secs     

  • 8. Intra-family and Other Business Transfer Techniques

    2 Sessions | 10 Mins, 49 Secs

    • Summary of Lifetime Transfer Techniques

      4 Mins, 37 Secs     

    • Summary of Transfers after Death

      6 Mins, 12 Secs     

  • 9. Postmortem Estate Planning Techniques

    1 Sessions | 5 Mins, 37 Secs

    • Important Points on Postmortem Planning

      5 Mins, 37 Secs     

  • 10. Planning for a Divorce, Unmarried Couples and Other Special Circumstances

    1 Sessions | 4 Mins, 46 Secs

    • Planning for divorces, Unmarried Couples, and Special Circumstances

      4 Mins, 46 Secs     

  • 11. Planning for Special Needs and Circumstances

    1 Sessions | 2 Mins, 31 Secs

    • Financial Planning for Special Needs Individuals

      2 Mins, 31 Secs     

  • 1. Client and Planner Attitudes, Values, Biases

    3 Sessions | 24 Mins, 7 Secs

    • Role of Understanding Risk Tolerance

      8 Mins, 42 Secs     

    • How Parents Shape their Children’s Adult Financial Life

      6 Mins, 47 Secs     

    • Applying TTM in your Practice

      8 Mins, 38 Secs     

  • 2. Behavioral Finance

    5 Sessions | 25 Mins, 46 Secs

    • Traditional Finance vs. Behavioral Finance

      4 Mins, 50 Secs     

    • The Mental Process of Decision-Making

      4 Mins, 41 Secs     

    • Using Framing to Help Correct Cognitive Biases

      7 Mins, 30 Secs     

    • Turning Around Destructive Financial Behaviors

      4 Mins, 5 Secs     

    • Enhancing the Client-Planner Relationship with Behavioral Finance

      4 Mins, 40 Secs     

  • 3. Sources of Money Conflict

    4 Sessions | 21 Mins, 30 Secs

    • Following Ethical Guidelines

      3 Mins, 11 Secs     

    • Planner Responses to Conflict

      8 Mins, 4 Secs     

    • Planner Solutions

      5 Mins, 6 Secs     

    • Money Conflict Examples

      5 Mins, 9 Secs     

  • 4. Principles of Counseling

    2 Sessions | 8 Mins, 15 Secs

    • Examples of Nondirectional Counseling

      3 Mins, 39 Secs     

    • Directive Counseling Examples

      4 Mins, 36 Secs     

  • 5. General Principles of Effective Communication

    2 Sessions | 9 Mins, 12 Secs

    • Important Planner Communication Abilities

      2 Mins, 29 Secs     

    • Getting Closer to Trust

      6 Mins, 43 Secs     

  • 6. Crisis Events with Severe Consequences

    2 Sessions | 12 Mins, 55 Secs

    • Preparing for a Crisis with Risk Management

      6 Mins, 30 Secs     

    • Communication Solutions

      6 Mins, 25 Secs     

  • 1. Foundations of Case Study Success

    2 Sessions | 12 Mins, 30 Secs

    • Focus on Case Studies

      4 Mins, 41 Secs     

    • Review of the Top 40 Subjects in Case Studies

      7 Mins, 49 Secs     

  • 2. Case Study Focus: General Principles of Financial Planning

    1 Sessions | 10 Mins, 31 Secs

    • Key Points to Remember

      10 Mins, 31 Secs     

  • 3. Insurance Planning and Risk Management

    1 Sessions | 11 Mins, 9 Secs

    • Important Concepts

      11 Mins, 9 Secs     

  • 4. Employee Benefits Planning

  • 5. Investment Planning

    1 Sessions | 8 Mins, 18 Secs

    • Investment Calculations

      8 Mins, 18 Secs     

  • 6. Tax Planning

  • 7. Retirement Savings and Income Planning

    1 Sessions | 14 Mins, 38 Secs

    • Summary of Items to Know

      14 Mins, 38 Secs     

  • 8. Estate Planning

    1 Sessions | 6 Mins, 41 Secs

    • Estate Planning Review

      6 Mins, 41 Secs     

  • 9. Case Study Calculations Practice Exam

  • 10. Case Study #1: Charles and Linda Chandler:

  • 11. Case Study #2: Ron and Donna Mead

  • 12. Case Study #3: Neil and Marilyn Tyler

  • 13. Case Study #4: Evan and Paula Courtnell

  • 14. Putting Calculation Errors to Work

    1 Sessions | 8 Mins, 22 Secs

    • Putting Calculation Errors to Work

      8 Mins, 22 Secs     

  • 15. Final Math Preparations for the Exam

  • 16. Exam Day Calculation Strategies

  • 17. Practice, Practice, then More Practice!

    1 Sessions | 9 Mins, 11 Secs

    • Practice, Practice, then More Practice!

      9 Mins, 11 Secs     

  • 18. Exam Day Case Study Strategies

  • 19. Facts and Figures for 2023

Register @ $349
Register @ $349

About Certified Financial Planner™

What is a Certified Financial Planner™

  • For more than 30 years, CERTIFIED FINANCIAL PLANNER™ certification has been the standard of excellence for financial planners.
  • Certified Financial Planner™ professionals have met extensive training and experience requirements, and commit to Certified Financial Planner™ Board's ethical standards that require them to put their client's interests first.
  • Clients need a HOLISTIC FINANCIAL PLAN, whereas the duty of Certified Financial Planner™ Professional begins.
  • Certified Financial Planner™ can help you create a comprehensive financial plan — and they have the education and experience to support it.
  • A Certified Financial Planner™ can also advise on retirement planning, saving for short and long-term personal goals, choosing investments, and tackling debt.
  • Some Certified Financial Planner™ specialize in a certain area, like divorce or retirement planning, while others tend to work with specific clients, like small-business owners or retirees.

Earning Potential

  • Even as the total number of financial advisors has declined since 2000, the number of Certified Financial Planner™ certificants has been increasing, driven by both the rising demand from consumers for financial planning advice, and a need and desire for financial advisors to differentiate themselves by providing financial planning services.
  • Earning for Certified Financial Planner™ professionals is going to vary widely based on the experience they have. According to a recent study, Certified Financial Planner™ Professionals having
    1. Experience of fewer than 5 years earns an average of $60,000 to $70,000 per year.
    2. For more than 5 years, in the range of $80,000 to $130,000.

How to become a Certified Financial Planner™

  • The Process of Earning Certified Financial Planner™ Certification Consists of Four Steps:-
    1. Complete the education coursework requirement.
    2. Pass the Certified Financial Planner™ exam.
    3. Meet the experience requirement.
    4. Submit background checks and pass fitness standards.
  • The two-part education requirement includes both
    1. Completing coursework on financial planning through a Certified Financial Planner™ Board Registered Program, and
    2. Holding a bachelor's degree or higher (in any discipline) from an accredited college or university.
  • You must complete the coursework before you can take the Certified Financial Planner™ exam. You have 5 years from the date you pass the Certified Financial Planner™ exam to complete the bachelor's degree requirement.

Exam Structure

  • The Certified Financial Planner™ Certification Examination is certainly a challenging test, but with the organized and optimal format of this course, it is definitely passable. The exam format is computer-based. The exams are given over a 7-to-8-day window in March, July, and November of each year. You schedule a 7-hour block on one of those available dates by making an appointment at a Prometric Test Center.
  • The exam consists of a 3-hour first session, a 40-minute break, then a final 3-hour session. You can take an unscheduled break after question 43 in the first session. You can take other breaks, but the clock will continue to run, so you should try to avoid them.
  • The challenges of the exam can present themselves in many different ways: For test takers who do not prepare sufficiently for the exam, it can test their physical, mental, and emotional limits. The broad range of areas covered on the test can also be a factor; many people who work in the financial services industry specialize in one area, such as investments, but this exam requires a sufficient level of competence in all of the major areas of financial planning to pass.
  • The exam’s purpose is to determine if you are “minimally competent” enough to qualify as a Certified Financial Planner™ certificant in the areas of ethics, financial planning fundamentals, insurance, investments, income tax, retirement planning, estate planning, and the psychology of financial planning. Some questions require proper knowledge of more than one area to obtain the correct answer.
  • There are 170 questions on the exam, with 85 in the first session and the other 85 in the second session. The average amount of time that can be spent on each question and still finish before time expires is 2 minutes and 7 seconds per question, although some questions, such as matching items, can be completed in less time, while case study items or complicated calculations can take more time to answer.
  • The Certified Financial Planner™ Board has released the proportion of questions on future exams based on a 2021 Job Analysis Study in which current Certified Financial Planner™ certificants complete a half-hour online survey about how important each of the various subject areas is to their actual practices. Here is the latest allocation of the subjects for the Exam:
    Subject Areas Allocation
    1 Professional Conduct and Regulations (8 %) 14 Questions
    2 General Principles of Financial Planning (15%) 25-26 questions
    3 Risk Management and Insurance Planning (11%) 19 questions
    4 Investment Planning (17%) 29 questions
    5 Tax Planning (14%) 24 questions
    6 Retirement Savings and Income Planning (18%) 30-31 questions
    7 Estate Planning (10%) 17 questions
    8 Psychology of Financial Planning (7%) 12 questions
  • The exam is graded on a pass/fail basis. The actual score needed to pass is never published and varies from exam to exam. This score is not determined on a “bell curve” or norm-referenced basis (how you do vs. everyone else who took the test with you), but on a criterion-referenced basis (how you do vs. what the Certified Financial Planner™ Board determines is the score that a minimally competent Certified Financial Planner™ should achieve on the test.)
  • This is determined by a group of volunteer Certified Financial Planner™ certificants who receive training and then analyze the actual questions in the database of possible questions you may have on your computer-based exam to determine what score a minimally competent Certified Financial Planner™ practitioner would theoretically obtain on each test item. The overall pass rate for the March 2023 Exam was 65%, There were 3,527 candidates taking the exam with 2,300 passing. Out of 2,742 candidates taking the exam for the first time, 1,885 passed for a pass rate of 69%. There were 785 candidates repeating the exam with 415 passing, for a pass rate of 53%. Since CFP® Board has been reporting exam statistics beginning in 1995, first-time test takers have consistently done better than those who were repeating the exam. This is why it is important to follow the comprehensive study plan in this course to better enable you to pass the exam on the first try.

Renewal Requirements

  • Certified Financial Planner™ professionals are required to complete 30 hours of continuing education (CE) each reporting period:
    1. 2 hours of Certified Financial Planner™ Board approved Ethics CE, and
    2. 28 hours of CE covering one or more of Certified Financial Planner™ Board’s Principal Topics.
    3. The CE requirement is effective immediately upon initial certification.
  • The reporting period for CE requirements is from January 1st to December 31st.
  • Certified Financial Planner™ Professionals need to keep up with the Continuing Education Requirements.
  • MYCPE provides customized packages for Certified Financial Planner™. Click Here to subscribe to them.

Job Opportunities

  • Financial Planner
  • Client Service Advisor
  • Wealth Management Advisor
  • Financial Analyst
  • Investment Manager
  • Portfolio Manager
  • Independent broker/dealers
  • Financial counselors
  • Academia (teaching CFP® Courses)
  • Positions in a bank, credit union, or trust company
  • Positions in property & casualty multiline agencies
  • Positions in life and disability insurance companies or insurance agencies

Average Salary of a Certified Financial Planner™

State Annual Salary
Alabama $74,830 
Alaska $83,252 
Arizona $85,216 
Arkansas $74,089 
California $93,245 
Colorado $76,838 
Connecticut $84,180 
Delaware $76,533 
Florida $73,369 
Georgia $68,935 
Hawaii $87,975 
Idaho $93,456 
Illinois $70,055 
Indiana $83,033 
Iowa $76,933 
Kansas $73,086 
Kentucky $72,537 
Louisiana $66,510 
Maine $87,825 
Maryland $81,716 
Massachusetts $88,315 
Michigan $72,059 
Minnesota $83,406 
Mississippi $72,464 
Missouri $70,195 
Montana $84,601 
Nebraska $77,361 
Nevada $86,861 
New Hampshire $92,548 
New Jersey $83,611 
New Mexico $74,971 
New York $97,749 
North Carolina $63,360 
North Dakota $81,322 
Ohio $78,180 
Oklahoma $73,307 
Oregon $82,854 
Pennsylvania $80,142 
Rhode Island $83,731 
South Carolina $75,582 
South Dakota $77,029 
Tennessee $85,612 
Texas $83,469 
Utah $75,757 
Vermont $89,072 
Virginia $79,493 
Washington $104,001 
West Virginia $82,483 
Wisconsin $79,003 
Wyoming $85,309 
Register @ $349

JL

Joseph L
  • (5)
Engaging online CFP® course exceeded expectations

I was hesitant about taking an online course to prepare for the CFP® exam, but this course was beyond my expectations. The course was engaging, and provided me with the knowledge and skills I needed to succeed on the exam.

ST

Shally T
  • (5)
Flexible online course with expert instructor

The flexibility of learning online made it easy for me to fit this course into my busy schedule. The course was well-structured and the instructor has expertise in it and is very informative.

SG

Sarah G
  • (5)
Confident in financial planning, ready for CFP®

Thanks to this course, I now have a deep understanding of financial planning, including investment strategies, retirement planning, estate planning, and tax laws. I feel confident in my ability to pass the CFP® exam in the first go.

MP

Michael P
  • (5)
Instructor is engaging & simplifies complex financial concepts

Eric, the instructor for the CFP® course, was fantastic. He made complex financial concepts easy to understand and kept the course engaging and informative throughout.

ST

Sam T
  • (5)
Case studies strengthen understanding of financial planning

The case studies provided in this course were incredibly helpful in strengthening my understanding of financial planning concepts. They gave me practical examples which made my foundation strong.

NJ

Nick J
  • (5)
Comprehensive and well-organized course structure

The comprehensive and well-organized structure of the course allowed me to learn a vast amount of information in a relatively short period of time. I'm impressed with the depth of knowledge Eric has.

DB

Drew B
  • (5)
Real-world examples enhanced my practical understanding.

The real-world examples provided in the course were eye-opening. They helped me understand how financial planning concepts apply in different situations and gave me a more practical understanding of the material.

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  • Anyone can call themselves a Financial Advisor. Only those who have met Certified Financial Planner™ (CFP®) Board's high standards for certification can call themselves a Certified Financial Planner™ (CFP®) Professional.
  • Certified Financial Planner™ (CFP®) Certification is the leading Certification globally in the field of Financial Planning with over 170,000 Certificates. It is popular in more than 26 countries across the world.
  • Certified Financial Planner™ (CFP®) certification is a professional designation for financial planners. Also known as the CERTIFIED FINANCIAL PLANNER™ or Certified Financial Planner™ (CFP®) mark, its governing body, Certified Financial Planner™ (CFP®) Board, administers the credential. With financial advising and planning estimated to be one of the top 10 fastest-growing occupations, getting your Certified Financial Planner™ (CFP®) mark can help set you apart in the industry.
  • Certified Financial Planner™ (CFP®)s can help you create a comprehensive financial plan — and they have the education and experience to support it.
  • A Certified Financial Planner™ (CFP®) can also advise on retirement planning, saving for short and long-term personal goals, choosing investments, and tackling debt.

Earning the Certified Financial Planner™ certification involves the following steps:

  • Complete the education coursework requirement.
  • Pass the Certified Financial Planner™ exam.
  • Meet the experience requirement.
  • Submit background checks and pass fitness standards.

The Exam format is computer-based and administered at a Prometric testing center.

The Certified Financial Planner™ exam consists of 170 multiple-choice questions that test your ability to apply your financial planning knowledge to client situations. The topic weights break down as follows:

Subject Areas Allocation
1 Professional Conduct and Regulations (8 %) 14 Questions
2 General Principles of Financial Planning (15%) 25-26 questions
3 Risk Management and Insurance Planning (11%) 19 questions
4 Investment Planning (17%) 29 questions
5 Tax Planning (14%) 24 questions
6 Retirement Savings and Income Planning (18%) 30-31 questions
7 Estate Planning (10%) 17 questions
8 Psychology of Financial Planning (7%) 12 questions

You will be able to move through the exam at your own pace within each 3-hour test section. Three hours are provided for the first 85 questions and another 3 hours for the last 85 questions. Each section is subdivided into two subsections. Candidates may take an optional unscheduled break after question 43 of the first subsection. You will also be able to take a 40-minute break in between sections, as well as any unscheduled breaks, as needed.

Most candidates spend between 250 and 300 hours studying for the Certified Financial Planner™ exam, although there are reports that it took some candidates much more than that. The entire Certified Financial Planner™ certification program, including Certified Financial Planner™ Board-required education, takes about a year.

The bachelor's degree requirement is a condition of initial certification (it is not a requirement to be eligible to take the Certified Financial Planner™ exam). There are no exceptions.

There are two steps to complete your registration. The first is to submit your exam application through your Certified Financial Planner™ Board online account. The second is to schedule your test date, time, and location in the exam window through Prometric.

NO! The CFP® Board registered program must report completion of the school’s educational curriculum directly to the Board before a student can register for the Exam.

There are three levels of pricing for the Certified Financial Planner™ exam:

  • Early: $825 (6 weeks before the registration deadline)
  • Standard: $925 (between 6 and 2 weeks before the deadline)
  • Late: $1,025 (inside of 2 weeks before the deadline)

The overall pass rate for the March 2023 Exam was 65%, There were 3,527 candidates taking the exam with 2,300 passing. Out of 2,742 candidates taking the exam for the first time, 1,885 passed for a pass rate of 69%. There were 785 candidates repeating the exam with 415 passing, for a pass rate of 53%.

You will receive a preliminary pass/fail report after you complete the exam at your testing site. If you are unsuccessful, your report will include a diagnostic indicator of your strengths and weaknesses across the Principal Topics.

Official exam results are released approximately 4 weeks after the close of the exam window.

Candidates who do not pass the exam on their first try can take it two more times in 24 months. You then have to wait a year before retaking it. If you don’t pass the exam after five attempts, you cannot take it again.

The Certified Financial Planner™ exam is not easy, which is one reason the mark is among the most respected certifications in the financial services industry. It includes two case studies, multiple mini-case problem sets, and standalone questions designed to assess your knowledge of financial planning concepts and how to apply them to specific situations. It requires a significant investment of time to be successful. But most of the time, failing the exam is the result of not preparing properly. If you put together a stellar study plan and are willing to invest in your exam preparation, you can increase your odds of passing.

Yes, you can sit for the Certified Financial Planner™ exam before meeting the experience requirement. You will have up to 5 years after the successful completion of the exam to complete your required hours.

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