On March 12th, 2009. John Harm III has reached a milestone in his professional career by earning the prestigious CERTIFIED FINANCIAL PLANNER®).
To be CFP-certified, candidates must meet the following stringent requirements: EDUCATION; CFP professionals must complete a comprehensive financial planning curriculum approved by the CFP board. EXAMINATION; CFP professionals must pass a comprehensive two-day, 10-hour CFP Certification Examination that tests their abilities to apply financial planning knowledge in an integrated format. EXPERIENCE; CFP professionals must have a minimum of three years' financial industry experience. ETHICS; CFP professionals must agree to abide by a strict code of professional conduct, known as the CFP Board's Code of Ethics and Professional Responsibility.Of the 2,320 individuals who sat for the November 21-22 2008 CFP® Examination!
Washington, DC, January 26, 2009 - Certified Financial Planner Board of Standards, Inc. today announced that 55.6% of the 2,320 individuals who sat for the November 21-22, 2008 CFP Certification Examination passed. The CFP Board-administered, 10-hour, two day exam was conducted at 50 sites nationwide.
Since 1995 when the exam was modified to its current comprehensive format, 78,645 candidates have sat for the exam and 45,179 have passed either on their first or subsequent attempts. The cumulative pass rate is 57%.
The exam covers 89 areas based on periodic studies of the job knowledge necessary to practice financial planning. The CFP Board's CFP® Certification Examination requires full integration of knowledge covered in the CFP Board's financial planning topic list, similar in concept to the bar examination for licensed attorneys and the exam for licensed CPAs.