Podcasts Business Your Financial Pharmacist YFP 256: Why YFP Plannings Lead Financial Planners Are All CFPs

YFP 256: Why YFP Plannings Lead Financial Planners Are All CFPs

Published: May 19, 2022, 9 a.m.

YFP Planning Financial Planner, Kimberly Bolton, CFP\xae discusses why the CFP\xae designation is the most valuable credential when providing comprehensive financial planning, why the term financial planner in and of itself doesn\u2019t mean a whole lot, what questions you can ask to find a planner who is a good fit for you, and what someone can expect when working with a financial planner.

Key Points From This Episode

  • Background on Kim\u2019s professional journey to becoming a CFP\xae.
  • What inspired her to pursue a career in financial planning.
  • We find out about the work that Kim is currently involved with at YFP Planning.
  • Why the YFP team believe so much in the CFP\xae designation.
  • Some examples of how comprehensive the CFP\xae training is.
  • How working with a certified CFP\xae is beneficial for the client.
  • Kim tells us what is required to enter the CFP\xae course.
  • What people taking the CFP\xae board exam can expect.
  • Learn about the experience requirement needed after passing the exam.
  • The expected ethical standards once you are certified.
  • Differences in the types of CFP\xae planners in terms of fees and services.
  • A brief breakdown of the different fee structures associated with CFP\xae planners.
  • Examples of good questions to ask a financial planner to ensure they are the right fit for you.
  • Kim shares a success story about working with a CFP\xae.

Links Mentioned in Today\u2019s Episode