About CFPCM Certification
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CERTIFIED FINANCIAL PLANNER (CFPCM) Certification Program is an international certification program in the field of financial planning, wealth management and financial advisory services. Introduced in 1972, it has today regarded as the most prestigious certification course in financial planning globally. It is recognized in about 23 countries in the world. In fact in 2006, Wall Street Journal rated CFPCM designation as Gold Standard in Financial Planning.
CERTIFIED FINANCIAL PLANNERCM Certification:
- Is the most recognized and respected financial planning certification around the world;
- Enables qualified individuals to provide clients with a holistic approach to achieving their financial and life goals;
- Provides credibility with consumers seeking trustworthy assistance with their financial planning needs;
- Sets the highest standards for the industry; and
- Is highly sought after by financial planning employers and consumers looking for competent and ethical financial planning professionals.
CFPCM Certification is regarded as the highest level of certification in the field of Financial Planning today. CFPCM Certification is granted to those who meet the strict criteria set by Financial Planning Standards Board India (FPSBI) that include the 4Es i.e. Education, Examination, Experience and Ethics. The CFPCM Certified professionals undergo rigorous academics and training sessions to obtain the certification, which equip them to deal with the real life problems from the day one of getting the certification. There are also very rigid Ethical & Professional Standards enforced by FPSBI's Board of Professional Review. This is an assurance to the client that his interests will always be placed ahead of the interests of the financial planner.
A Financial Planner is one who takes an overall view of the financial condition of an individual/ business and gives a strategic advice regarding investment, insurance, tax, retirement and estate needs. Due to the increase in awareness and realization of the importance of financial investment among the individuals, in order to have a secure future, the need of financial planning is also increasing. And along with it the need for Financial Planners. The clients prefer CFPCM Certified Financial Planners cause of the instant confident the certification instills in them. This is due to the ethics criteria under which the CFPCM Certificant has to sign an ethics document which states that he would place his client's interest before himself.
There are about a lakh CFPCM Certified professionals and not many are able to meet the strict criteria demanded by CFPCM Certification, and those who do, find themselves in the top most league of financial planners. It is estimated that India itself needs about 50,000 certified CFPCM professional to take care of the increasing demand of financial planners due to the increasing awareness on financial planning in India. And therefore, CFPCM Certification is gaining tremendous popularity and is today amongst the top chosen career options.
A CFPCM certification in India is administered by Financial Planning Standards Board India (FPSB India), an affiliate of Financial Planning Standards Board, Denver, USA. FPSB India is a public-private enterprise and a Professional Standards Setting body that guides the development and promotion of standards for Financial Planning professionals. It is the principal licensing body that certifies the CFPCM Certification program in India. FPSB India works closely with all the key stakeholders, including the Government, the Regulators, the Industries/Associations, the Corporate houses, Media and the General Public, to achieve its objectives.
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