17 Jan New Launch
Myth:- One has to be a Rocket Scientist to become CFP.
Truth:- No, one does not have to be a genius to become a CFP. Anyone who is part of the financial services industry and is willing to put in a certain amount of time and effort can surely complete their CFP Certification.
My last batch of candidates comprised of MFDs from rural towns and even villages, who were neither proficient in English nor mathematically very gifted. But they did dedicate themselves and followed all the systems that I laid out and I am extremely happy and proud to state that 25 out of 27 candidates of that batch have successfully cleared the CFP program.
Myth2:- CFP is only for those who are interested in becoming a RIA.
Truth:- Absolutely not. Going through the CFP helps a Finance Professional become a better Advisor, helping him enlarge his client base and substantially increase his business. The choice of becoming a RIA lies with the Advisor, the key point bring it is a choice. Most Advisors who are completing the CFP certification are continuing with the commission structure while also future- proofing themselves from any regulatory changes that may be enforced later.
My journey as a CFP Trainer and Coach has been very fulfilling as I get to touch the lives of many and change perceptions as we move ahead. When I started, the CFP Certification was considered as reserved only for a select few. After assisting hundreds of Advisors across the country with their CFP preparations over the last 3-4 years, I am happy to state that Advisors are confident at achieving their CFP dream, irrespective of their age, business size, geographical location, educational background or work experience 2017 has been a fantastic year with over 100 candidates successfully completing their CFP Final Exams and another 150 candidates undergoing training right across various cities as we speak.