What is a CFP®?

A CERTIFIED FINANCIAL PLANNER(TM) is a type of financial advisor who possesses one of the most rigorous certifications for financial planning knowledge. A CFP® must have several years of experience related to financial planning, pass the CFP® exam and adhere to a strict ethical standard as set by the Certified Financial Planner Board of Standards.

A CFP®, unlike some other types of financial advisors, are held to a fiduciary standard, meaning they are obligated to act in their client's best interest.

What does a CERTIFIED FINANCIAL PLANNER(TM) do?

A CFP® can help you create and maintain a financial plan. A CFP® might start by determining your financial goals and discussing your current financial situation and appetite for risk. A CFP® can also advise you on everything from choosing specific investments, saving for a down payment on a home and planning for retirement.