What does CPF mean? What is the full form of CPF?
The full form of CPF is Certified Financial Planner.
Certified Financial Planner (CFP) is a formal recognition of expertise in the areas of financial planning, taxes, insurance, estate planning, and retirement (such as with 401(k)s).
Owned and awarded by the Certified Financial Planner Board of Standards, Inc., the designation is awarded to individuals who successfully complete the CFP Board’s initial exams, then continue ongoing annual education programs to sustain their skills and certification.
KEY TAKEAWAYS
- A certified financial planner (CFP) is an individual that has received a formal designation from the Certified Financial Planner Board of Standards, Inc.
- CFPs help individuals in a variety of areas in managing their finances, such as retirement, investing, education, insurance, and taxes.
- Becoming a CFP is one of the most difficult and stringent processes in terms of financial advisors. It requires years of experience, successful completion of standardized exams, a demonstration of ethics, and a formal education.
- The most important aspect of a CFP is that they have a fiduciary duty, meaning they must make decisions with their client’s best interests in mind.
CPF
means
Certified Financial Planner
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