For more than 30 years, the CERTIFIED FINANCIAL PLANNER™ certification has been the standard of excellence for financial planners. CFP® professionals have met extensive training and experience requirements and commit to CFP Board’s ethical standards that require them to put their clients’ interests first.
CFP® professionals take a holistic, personalized approach to bring all the pieces of a client’s financial life together. As part of the CFP® certification, CFP® professionals also have made a commitment to CFP Board to act as a fiduciary when providing financial advice to a client.
The certification process normally takes 18-24 months and consists of the “4 E’s”:
• Education: The two-part education requirement includes both (1) completing coursework on financial planning through a CFP Board Registered Program, and (2) holding a bachelor’s degree or higher (in any discipline) from an accredited college or university.
• Exam: The CFP® exam is a 170-question, multiple-choice test that consists of two 3-hour sessions over one day. The exam includes stand-alone and scenario-based questions, as well as questions associated with case studies.
• Experience: Applicants need to complete either 6,000 hours of professional experience related to the financial planning process, or 4,000 hours of apprenticeship experience that meets additional requirements.
• Ethics: Applicants agree to adhere to high ethical and professional standards for the practice of financial planning, and to act as a fiduciary when providing financial advice to your client, always putting their best interests first.
“I am very proud to have attained the CFP designation,” Kittrell said. “Best of all, I know that the knowledge I gained will allow me to better serve my clients.”
Kittrell joins 20 other Parsec employees who have their CFP® certification. Learn more: parsecfinancial.com/credentials/certified-financial-planner
Tracy Clark, Head of Marketing
About Parsec Financial: Parsec Financial is a fee-only registered investment advisor with $2.5 billion in assets under management as of March 31, 2020. Parsec provides investment management, financial planning, tax planning, trust services and business retirement services to more than 1,700 individuals and businesses in six offices across North Carolina.