What does CFP mean?
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CFP - Certified Financial Planner
CFP, standing for Certified Financial Planner, is a formal recognition of expertise in the areas of financial planning, taxes, insurance, estate planning, and retirement. Owned and awarded by the Certified Financial Planner Board of Standards, Inc. (CFP Board), the designation is awarded to individuals who successfully complete the CFP Board's initial exams and then continue ongoing annual education programs to maintain their skills and certification.
The CFP certification is considered a high standard in financial planning. Professionals who earn their CFP designation are held to a rigorous ethical standard and are required to adhere to the principles of integrity, objectivity, competence, fairness, confidentiality, professionalism, and diligence when dealing with clients. The certification is recognized globally and signifies that a financial planner has met stringent qualifications and is committed to serving their clients' best interests.
For more detailed information, visiting the official CFP website at https://www.cfp.net/ is recommended.