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WHY YOUR FINANCIAL ADVISOR SHOULD BE A CFP ® PROFESSIONAL
Perhaps you are looking for help planning for retirement , or maybe you are already retired and have realized that it would be nice to have a professional to rely on for investments and financial advice . The task of finding a qualified financial advisor that you can trust can feel daunting .
Not all advisors are created equal . There is no central agency or regulatory body or set of universal standards that dictate who is allowed to present themselves to the public as a financial advisor . When entrusting someone with your financial future , it ’ s crucial to be sure they have the expertise and qualifications necessary to provide sound advice . One certification that sets some financial professionals apart is the CERTIFIED FINANCIAL PLANNER™ ( CFP ®) designation .
In this article , we ’ ll explore several reasons why it ’ s important to choose a financial advisor with a CFP ® designation .
Education & Experience Earning the CFP ® designation requires a comprehensive understanding of financial planning principles . Advisors must complete extensive coursework covering topics such as retirement planning , investment management , tax planning , estate planning , and risk management . This rigorous education ensures that CFP ® professionals have a broad knowledge base to address various financial needs and goals .
Fiduciary Duty and Ethical Standards Maintaining the integrity of the financial planning profession is paramount . CFP ® professionals are held to a strict code of ethics and professional conduct established by the Certified Financial Planner Board of Standards ( CFP Board ). The CFP Board routinely performs background checks of candidates for CFP ® certification and CFP ® professionals , and requires disclosure of criminal history , bankruptcies and liens , as well as regulatory or civil proceedings . This code requires CFP ® professionals to act as a fiduciary , meaning clients can trust that their best interest will always be the priority .
Choosing a financial advisor is a significant decision that can profoundly impact your financial future . By selecting a Certified Financial Planner™ , individuals can benefit from rigorous education , ethical standards , fiduciary duty , comprehensive planning approach , and ongoing professional development . These qualities set CFP ® professionals apart and provide clients with confidence and peace of mind as they work toward their financial goals . When it comes to securing your financial future , entrusting your affairs to a financial advisor who is also a CFP ® is a smart investment in itself .
Both David Hoffmann and I are CFP ® professionals and we would love to talk with you about your financial situation .
Ongoing Education & Professional Development
The financial landscape is constantly evolving , with new rules , regulations , and economic trends emerging regularly . CFP ® professionals are required to participate in continuing education to stay abreast of these changes and maintain their certification . This commitment to ongoing learning ensures that CFP ® professionals remain knowledgeable and equipped to provide informed guidance to their clients , even in a rapidly changing environment .
Comprehensive Financial Planning
Not everyone who says they offer financial planning truly offers comprehensive financial planning . It is not just about managing investments or a basic retirement projection ; it ’ s about creating a holistic strategy that aligns with clients ’ short-term and long-term goals . A CFP ® professional who offers comprehensive financial planning will also consider factors such as cash flow management , tax planning , risk management / insurance needs , and estate and long-term care planning . By addressing every aspect of their clients ’ financial lives , CFP ® practitioners can add value to their clients beyond simple investment return .
Brian M . Cartier , CFP ® Financial Advisor
Brian is a fully licensed Financial Advisor at Justabout Wealth Management . He earned his CERTIFIED FINANCIAL PLANNER™ in 2019 and specializes in the comprehensive financial planning process
Brian @ Justaboutwealth . com 724.754.1440
Legal Disclosures : Securities offered through Triad Advisors , Member FINRA / SIPC . Advisory services offered through Triad Hybrid Solutions LLC , a registered investment advisor . Justabout Wealth Management LLC and Triad Advisors , LLC are not affiliated .
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