Hold or earn a bachelors degree from an accredited university or college within five years of passing the CFP® exam. You can sit for the exam beforehand, but you need to make sure you complete your degree in that 5-year window. Demonstrate financial planning experience.
Who can sit for the CFP?
Candidate must meet the following requirements:A bachelors degree (or higher) from an accredited college or university, and.Three years of full-time personal financial planning experience or the equivalent part-time experience (2,000 hours equals one year full-time).
When can I sit for the CFP?
Who Can Take the Exam? Candidates are eligible to sit for the CFP® exam after completing the education coursework requirement. However, you can register for the exam before completing your coursework. You can also sit for the exam before completing the bachelors degree (or higher).
What experience qualifies for CFP?
There are many ways to satisfy this requirement, and experience may be gained before or after you take the CFP® exam. Ultimately, you must complete 6,000 hours of professional experience related to the financial planning process, or 4,000 hours of apprenticeship experience that meets additional requirements.
Can you become a CFP without a degree?
You do not have to have a college degree to become a financial adviser. Some financial advisors build their careers through on-the-job experience. However, becoming a financial advisor requires you to earn certifications or licenses by passing exams.
Can a CFP work from home?
Independent Financial Planner Independent financial planners and advisors can base their offices out of their homes as long as they provide a professional setting for their practices. Financial planners who choose a work-from-home arrangement can substantially reduce their overhead expenses and commuting costs.