The services that you can provide with a CFP designation

To become a Certified Financial Planner

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The Certified Financial Planner (CFP) designation is an internationally recognized, professional certification mark for financial advisors and planners conferred by the Financial Planners Standards Council (FPSC) in Canada. This certified financial planning designation helps an advisor to offer his/her clients expert advice on various investment products and strategies.  

The CFP designation is important if you are interested in financial planning. It will help you acquire the relevant knowledge and learn the fundamentals of building a comprehensive financial plan. The designation is also a way to ensure that you will adhere to the CFP Code of Ethics and Practice Standards established by FPSC. In other words, your clients will not be hesitant in trusting your services.

A professional certified in financial planning offers his/her expert advice on a wide array of financial matters that may help his/her clients attain a stable financial future. CFP professionals offer their services to individuals as well as businesses.

So, once you obtain your CFP designation, you are qualified to offer the following services to your clients (individuals):

• Retirement Income Planning: As a certified advisor in financial planning, you can help your client plan a stable flow of income after retirement.Your advice will help him/her set aside enough money during his/her earning years. More and more people today are willing to plan for their retirement irrespective of their age and income level. 
• Education Funding Plans: Your CFP designation will also help you make effective education savings plan for the higher education of your clients’child.
• Wealth Management and Investment Planning: More and more people have realized the importance of making clever investments through proper financial planning. As a certified advisor in financial planning, you can offer your expert guidance for proper wealth management. 
• Insurance Planning: The market is full of insurance products, which often confuses individuals. However, a CFP professional can help them decide the most suitable insurance.
  
  

In addition, there are several other services that you can provide after obtaining your certificate in financial planning. These include income and asset protection, critical illness protection plans, estate planning, tax planning, and many more.  

You can also offer your services to businesses on several financial matters once you become a certified professional in financial planning. Your expertise and knowledge will be sought on important matters like ownership retirement planning, partnership insurance, succession planning, capital gains taxation funding, employee benefits planning, employee retirement planning, group benefit plans, and so on. Financial planning is critical when the question is that of the survival of a business. It gets difficult for any business to succeed without proper financial planning and management. The CFP designation will give you the necessary knowledge and skills to meet their financial planning needs and help them fulfill their dreams. 

It is important to note that there are certain prerequisites for obtaining a CFP designation. One of the necessary requirements is a minimum of three years of work experience in financial planning. For this, you may choose to join a reputable national financial services firm that offers independent financial advisor jobs. 

For more information on certified financial planning, please visit http://www.canadafinancial.ca.