| Online surveys clearly suggest that most of the | | | | The best reward of CFP is the rich incentives it |
| certified planners serve more than 200 clients. | | | | offers once you finish the course. There is huge |
| Furthermore, the experienced ones serve even more | | | | demand for them in the market, and therefore you |
| clients. Certified planning is certainly becoming one of | | | | just don't have to waste a single day after |
| the hottest professions in the job market. | | | | completing the course. There are many companies |
| However, you might want to know that the certified | | | | that offer you great salaries to start, along with |
| financial planner education is not so easy to tackle, | | | | many other incentives. |
| since the certification board expects the candidates | | | | There are many ways in which they get |
| to fulfill a lot of stringent requisites and specifications. | | | | compensated. Let's look at to each category of |
| In order to get certified first you'll need to choose a | | | | earning in detail: Commission based incentives: Under |
| good institution which offers CFP courses. There are | | | | this payment category, they will earn paychecks |
| many educational institutions that offer these courses | | | | through commissions in various ways like sales of |
| in the United States and Canada. | | | | bonds, stocks, insurances, mutual funds etc. This way |
| Once you complete the course from good institutes, | | | | they'll be able to earn more when their clients earn |
| there is no looking back as there are so many | | | | more and there are no limits here. |
| individuals and companies who are eagerly waiting to | | | | Fee-based: Here they earn a flat fee along with the |
| hire you. Before that, you will need to go through | | | | commissions on sales of products, mutual funds, |
| rigorous education programs and the tough | | | | bonds and stocks etc. |
| examinations conducted by the CFP board. | | | | Fee-only: Under this category, they will be paid a flat |
| It is not a very easy to get through if you are not | | | | fee as agreed upon by both the parties. Usually the |
| from the commerce background. However, there are | | | | fees range for a beginner is $25,000 to $40,000. As |
| many successful CFPs who have managed to get | | | | they grow further in this career and reach mid level, |
| certified in spite of not being from the commerce | | | | they can expect fees of $47,000 to $76,000. |
| background. With sheer dedication and determination, | | | | So in order to get all these, you need to go through |
| they have been able to get certified. | | | | an examination for a certification offered by financial |
| If you wonder why you need to take up this | | | | industry regulatory authority. |
| certification then you need to consider the rich | | | | There is one more option i.e. by passing the CFP |
| dividends which it offers. The following are some of | | | | examination which is offered by certified financial |
| the most important positives you'll be able to enjoy | | | | planner education board. No doubt the dividends are |
| after attaining the certification offered by certified | | | | overwhelming, but you'll need to work hard to |
| financial planner education board. | | | | achieve it and conquer your dream. |
| Rich incentives | | | | |