CFP Board

The more out-of-left-field the change, the more profound the lesson learned, our columnist has found in the corporate and individual practice realms.

Here are prep techniques and resources for candidates taking a test that can seem daunting.

Director tenures, nominations and committees are changing after an independent task force identified weaknesses.

Financial advisors can help the country’s increasingly diverse population, but we must fully realize our vision of recruiting more young and racially diverse talent.

Industry groups warn of creeping fiduciary obligations, while consumer advocates see it as a setback for investor protections

The widespread popularity of the compensation descriptor, long ballyhooed by RIAs, ultimately proved problematic for the CFP Board which has updated its standards.

Candidates will be allowed “two tissues” while testing at home and are advised to have bed linen handy.

“The face of our industry is typically not me,” says the Vanguard and DFA veteran. “I thought about how many young people that I could inspire. So I raised my hand.”

“If anything, this environment has actually pushed people to complete their credits,” says John Loper, managing director of professional practice for the CFP Board.

The board is “decisively moving away” from allowing advisors to self-disclose, CEO Kevin Keller says.