What do the letters “CFP” mean?
The letters “CFP” stand for Certified Financial Planner. The CFP marks identify individuals who are dedicated to the highest level of professionalism in providing financial planning advice. CFP certification assures that the planner adheres to internationally recognized professional standards of competence, practice and ethics as set in Canada by the not-for profit Financial Planners Standards Council (FPSC). CFP standards include requirements in education, examination, experience and adherence to a code of ethics – commonly known as the 4Es of professionalism. Why is it important to deal with a CFP professional? Most provinces do not regulate the use of the term “financial planner.” CFP certification is your assurance that your planner has completed a rigorous course of study approved by FPSC, passed the only independently developed national comprehensive examination for financial planning, and is committed to ongoing professional development and adherence to the professional Code of
