What Is a Chartered Financial Planner?
The financial services industry is full of acronyms and designations for its practitioners. CFP, CPA, CFA, ChFC, and CLU are just a few of the more than 50 designations awarded to specialists in the financial field. Some designations require extensive classroom coursework as well as a number of years of practical experience. Some designations, such as Chartered Financial Consultant (ChFC), are awarded by educational institutions like the American College at Bryn Mawr, Pennsylvania. Others, such as Certified Financial Planner (CFP), are awarded by industry accreditation boards such as the Certified Financial Planner Board of Standards.
