1 / 8

Who is a Certified Financial Planner?

In India, the CFP is a globally recognized certification provided by the Financial Planning Standards Board (FPSB). This move was also taken to ease a structured learning program for financial advisors and aspirants for CFP in the country. In India, as of April 2019, the USA FPSB manages the CFP Certification.<br><br>Know more : https://www.cheggindia.com/career-guidance/who-is-a-certified-financial-planner-and-how-to-be-one/<br>

12049
Download Presentation

Who is a Certified Financial Planner?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. www.cheggindia.com Who is a Certified Financial Planner and How to be one?

  2. A Certified Financial Planner (CFP) is a professional who helps you make financially prudent decisions. They have professional qualifications that certify them as someone who can manage your assets well. CFP can also be a good option for you if you are a finance enthusiast keen to explore careers in finance. Finances are an important determinant of how you live your life today. Good finances and financial planning are the keys to unlocking a financially secure future. Managing finances are necessary to be able to fulfill personal goals as well as family responsibilities. But, this is not always possible to do for everyone. Introduction

  3. What is the value of the Certified Financial Planner? Consumers The CFP works with individuals and families for financial planning and easy solutions through various stages of life. Practitioners CFPs have reported an increase in their salaries and faster promotions. They have also reported a growth in their client base and more job satisfaction. Firms Starting with fewer client complaints to higher client retention rates, a number of firms have reported that employing CFP professionals has a positive impact on client satisfaction within the firm.

  4. WHAT DO YOU NEED TO BECOME A CFP? STEPS TO BECOME A CERTIFIED FINANCIAL PLANNER IN INDIA As a CFP, you will have to develop financial plans for your clients. Most CFPs also have varied specializations. So, you should think about whether you have the necessary background and skill set to excel in this career. For enhancing your financial skill, you can post your doubts on websites like Chegg India where a subject matter expert will help you in solving them. There are two pathways to becoming a CFP in India: Challenge and Regular The eligibility criteria for the two pathways are different. A Regular candidate must be a 10th or 12th pass at the time of application. While a Challenge candidate Intermediate level, CFA (US), CAIIB, CS, LLB, PhD, M.Phil, PG or ICWA. They can also be Licentiate/Associate/ Insurance, Actuary(India), FFSI & FLMI from LOMA, Civil Service Exam by UPSC. must be a CA / Fellowship of Life

  5. Self-Paced Education Route If you are comfortable studying at your own pace and prefer learning on your own, then the self-paced study option is the right one for you. You can register on the FPSB portal to access your study materials for becoming a CFP. This will include textbook content, PPTs, quizzes, and practice tests. You can use this material to prepare for the certification by yourself. It is a great choice for self-study.

  6. INSTRUCTOR LED EDUCATION ROUTE RECOGNITION OF PRIOR- LEARNING ROUTE If you prefer an instructor teaching you for more routine and regulated learning, this is a good option for you. Once you register with the FPSB and get access to your study materials, you will get an instructor who can either provide online or offline classes. The average duration of the course would be 8- 12 weeks. It also depends depending upon the course material and frequency of classes. If you have professional experience or qualifications that can exempt you from the CFP course requirements, then you can check if you are eligible for the Recognition of Prior- Learning Route. If the board approves your application, you may get an exemption for some or all the CFP Exams. Currently, the registrations for the Investment Planning Specialist Exam will open in August 2020.

  7. BOOST EARNINGS AND MARCH AHEAD OF YOUR CAREER Become a Subject Expert with CHEGG SIGN UP NOW

  8. Thank You.

More Related