Certified Financial Planner, a professional certification for financial advisors who meet education, experience, and ethical requirements. Also refers to Call for Papers in academic contexts.
Acronym established in 1972 by the College for Financial Planning in Denver. The certification was created to standardize and professionalize financial planning services, establishing rigorous educational and ethical standards for practitioners.
The CFP certification requires not only extensive financial knowledge but also a fiduciary oath - CFPs must legally put their clients' interests first. Interestingly, fewer than 90,000 people hold this certification worldwide, making it more exclusive than many medical specialties despite the widespread need for financial planning.
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