The Certified Financial Planner Board of Standards said Tuesday that it's seeking feedback on its proposed Competency Standards for CFPs that include the education, experience, examination and continuing education requirements.
To develop the proposed recommendations, CFP Board established a Competency Standards Commission, which conducted a comprehensive review of the standards over an 18-month period.
“Comments and feedback play a pivotal role in shaping the Board of Directors’ decisions and guiding our next steps,” CFP Board CEO Kevin Keller said in a statement. “We recognize that changes to the Competency Standards can significantly shape the future of the profession. That’s why input from practitioners, candidates, firms, membership organizations and the public is so important. We strongly encourage everyone to share their perspective during this critical comment period.”
The proposed revisions reflect CFP Board’s commitment to advancing the financial planning profession and fostering public trust by setting, administering and enforcing rigorous financial planning standards, the group said.
