Why Get Certified (2024)

Why CFP® Certification

Earning your CERTIFIED FINANCIAL PLANNER® certification is the most beneficial step you can take to accelerate your career and better serve your clients. As a CFP® professional, you’ll enjoy a rewarding, in-demand career while helping people achieve their financial dreams.

The CFP® Certification Difference

Anyone can call themselves a financial advisor. Only those who have met CFP Board's high standards for certification can call themselves a CFP® professional.

Why Get Certified (1)

success

$192k

Experienced financial advisors earn on average, $192,000 a year *

Salary & Compensation

Why Get Certified (3)

Trust

90%

of consumers say they feel more confident working with an advisor with a financial planning designation

The standard of excellence

Where Can CFP® Certification Take You?

Work for a large firm. Join a small independent firm. Build a solo practice. In whatever role you choose, CFP® certification opens the door to numerous opportunities to serve clients and help them reach their financial goals.

More on Career Paths

Financial Planner

Creates holistic financial plans to meet the unique financial goals of their clients.

Financial Analyst

Performs research and analysis and/or manages investment options, making recommendations to advisors.

Client Services Advisor

Prepares financial plans for review and implementation, participates in client meetings and works on follow-ups for clients.

Investment Manager

Selects and manages investments on behalf of a firm and its clients.

Wealth Management Advisor

Develops one-on-one relationships with high-net-worth clients and helps to construct investment portfolios.

Portfolio Manager

Manages client assets and portfolios in accordance with firm's guidelines, and contributes to research and analysis of investment opportunities and firm investment philosophy.

A Day in the Life of a CFP® Professional

Play Video

There's so much transformation in one's life when they get their finances together. It's a great feeling because I know I helped them get there.

Brittney Castro

CFP® Professional

CFP® Certification Sets You Apart

Anyone can call themselves a financial advisor. Only those who have met CFP Board's high standards for certification can call themselves a CFP® professional.

Financial Advisor Without Certification CFP® Professional
Anyone can call themselves a financial advisor Meets requirements established by CFP Board
May not have committed to act as a fiduciary Committed to CFP Board to fiduciary duty to act in clients’ best interests
72% client satisfaction 87% client satisfaction
Lower compensation on average Earns 12% more than other financial planners**

CFP® Certification: More Important Than Ever

CFP® professionals can help clients navigate times of crisis like the COVID-19 pandemic and provide the holistic financial planning to prepare them better for a secure tomorrow.

Download Our Guide to Learn More

SOURCES

* USA Today, “From taxes to retirement: Everything to know about the evolving role of financial advisers

** College for Financial Planning®, a Kaplan Company’s 2019 survey of 758 financial planners

Start your journey to CFP® Certification

  • Track your progress with the CFP® Certification Tracker
  • Post your resume at the Career Center
  • Connect with a mentor who can guide you
  • Register and prepare for the exam
  • Find career and financial support
  • Connect with other candidates at our online forum
Why Get Certified (2024)

FAQs

Why should we get certified? ›

Certification can distinguish you from other professionals and can improve your opportunities for advancement in your current role or organization. Certified employees are often entrusted with supervising their peers—putting them on the fast track for a promotion.

What is the main purpose of certification? ›

The purpose of certification is to demonstrate that specified requirements are met. The requirements are usually based on international standards. For example, SFS-EN ISO 9001 is a generic quality management standard that is used as a requirement in the certification of organisations' quality management systems.

What are 3 of the benefits of being certified? ›

Some of the key benefits of certification include:
  • Validation of knowledge.
  • Increased marketability.
  • Increased earning power.
  • Enhanced academic performance.
  • Improved reputation.
  • Enhanced credibility.
  • Increased confidence.
  • Respect from peers.

Is getting certifications worth it? ›

Are certifications better than degrees? In many situations, certifications can be better than degrees for several reasons. Certificates often match current standards better than degrees, which is especially important in fast-paced fields like information technology (IT.)

What does a certification give you? ›

This type of credential shows that you have gained added knowledge in this specific area. Certifications are earned when you complete an exam that confirms your professional development. They are often given by national organizations that set the standards for the industry and may be required for certain jobs.

Why do you need to certify? ›

Certification is the act of confirming the validity of a document. When applying for something like a mortgage, bank account or a new job abroad, you may be asked to provide a certified copy of a document.

What is the value of certification? ›

The true value of certification lies in our ability to apply the knowledge we acquire. Some individuals may hold numerous certifications but struggle to put that knowledge into practice effectively. This disconnect often arises from a lack of analytical thinking, experience, and intuition.

What is the main purpose of a certificate? ›

A certificate is like a passport: it identifies the holder and provides other important information. Certificates are issued by a trusted third party called a Certification Authority (CA).

What is the primary purpose of a professional certification? ›

Professional certification shows consumers and potential employers that you are committed to your profession and are well-trained. It gives them confidence in your abilities and knowledge. Certification makes you more valuable to employers, so you can expect to earn more than someone without certification.

Why get a certificate? ›

Certificate programs enable you to gain expertise in a specific field and improve your competencies in this field. Employers evaluate the holders of such documents as individuals who have proven that they have particular knowledge and skills. This is an essential step for you to advance in your career.

What are the pros and cons of a certificate? ›

Advantages and Disadvantages of Certifications
  • Advantage: recognition and credit.
  • Advantage: structured learning.
  • Advantage: integrated and holistic approach.
  • Disadvantage: arrogance.
  • Disadvantage: biases.
  • Common problem: shortcuts.
Aug 21, 2019

Why might one pursue a certification? ›

Typically, students finish their degree and then pursue certificates as they become interested in other areas or see opportunities to grow in their field. This allows the student to build upon the education they already have and expand their skillset without having to start over with a new degree.

Do certificates help your career? ›

A professional certification can help you stand out from your peers and demonstrate that you are knowledgeable and skilled. Tangible evidence of your knowledge and skills is provided by certifications, which can increase your standing and credibility within your department or agency.

Do certifications make a difference? ›

Pursuing a certificate or certification can be advantageous in the workplace, especially when it comes to increasing your salary and building your expertise. It's important to know where your current employment status and your future goals lie when comparing certificate and certification programs.

Do certifications look good on resume? ›

Keep Your Certifications Up To Date

This shows employers that you're committed to staying current in your field. Overall, highlighting your IT certifications on your resume can help you demonstrate your expertise and stand out to potential employers.

What makes you worthy to get the certification? ›

Diversified skills

A degree makes you eligible to apply for a particular job, but certification in the field of your interest will enable you to stand out among the crowd. You'll see yourself as a diversified independent person who has mastery in different areas.

What are the advantages and disadvantages of certification? ›

Advantages and Disadvantages of Certifications
  • Advantage: recognition and credit.
  • Advantage: structured learning.
  • Advantage: integrated and holistic approach.
  • Disadvantage: arrogance.
  • Disadvantage: biases.
  • Common problem: shortcuts.
Aug 21, 2019

Why do you think it is important to take the exam and become certified? ›

Certification can also provide credibility and demonstrate expertise to potential employers or clients. Additionally, some industries or organizations may require specific credentials as a prerequisite for employment or advancement.

Why is it important to be certified in nursing? ›

Nursing certification has been shown to reduce hospital errors and improve patient mortality rates and other metrics, according to a study published in the American Journal of Critical Care, giving it direct impact on reducing overall risk and supporting a hospital's financial health.

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