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Understanding Confusion Over the CFP Designation

Unlike professional designations like CPA and attorney, the CFP designation doesn’t initially describe the functions that a financial professional performs and even the term financial planning is vague. So reports Time.

To complicate matters, many CFPs use a variety of other labels, such as financial advisor, college specialist, and retirement planning specialist when describing their work, so advisors need to craft a simple and clear way to answer the question “what do you do?”

Read the full article from Time.

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