by | Dec 1, 2022

Congratulations to our wealth manager, Kyle Furlong, on successfully completing his Post-Graduate Diploma in Financial Planning. This qualification is a prerequisite to be allowed to write the CFP® board exam and is the final step in obtaining the CFP® qualification. As well as his Post-Grad, Kyle has completed his Bachelor of Commerce degree in Financial Management. At Resolute Wealth Management, we encourage our wealth managers to obtain the CFP® qualification to ensure the high standard of advice offered by the business is upheld.

What is a CFP® professional?

The CERTIFIED FINANCIAL PLANNER® designation or CFP® designation is internationally recognised as the standard for financial planning professionals. The status gives consumers confidence that the financial planner they’re dealing with is suitably qualified to provide advice and information and gives assurance that they remain up to date with developments in the industry.

In order to receive the respected CFP® designation, an applicant must meet the four E’s of the profession of financial planning:

  • Education
  • Examination
  • Experience
  • Ethics

In addition, CFP® professionals are required to maintain technical competence and fulfil ethical obligations by renewing their membership annually. To stay in touch with the happenings in the financial planning profession, every year they must complete 35 hours of Continuous Professional Development (CPD). Furthermore, at least five of these hours must be spent on Professional Ethics and Financial Planning Practice Standards.

These strict requirements ensure that any individual who holds the CFP® designation is well prepared and highly qualified to provide consumers with sound, professional advice.