The CFP Board unilaterally changed thousands of its certificants’ profiles on its website yesterday by removing the term “fee-only” and swapping it with “none provided.”

The organization abruptly made the changes on its Find a CFP Practitioner search tool hours after Financial Planning reported that the board had been allowing 486 CFP holders from the four wirehouses to call themselves fee-only on its website – in open violation of the board’s own rules for use of the term.

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