RIA Glossary / Professional Credentials & Licensing

Certified Financial Planner (CFP)

Quick Answer
Certified Financial Planner (CFP) is a professional certification for financial planners, awarded by the CFP Board after candidates complete required coursework, pass a comprehensive exam, meet experience requirements, and agree to a code of ethics. It’s one of the most widely recognized designations in the financial planning industry.
Reviewed by Sam Carter, Director of Registration Services
Last reviewed September 25, 2026

What Is the Certified Financial Planner (CFP) Designation?

The CFP curriculum covers comprehensive financial planning topics — investments, retirement planning, tax planning, estate planning, insurance, and professional conduct — reflecting the designation’s broad, holistic planning focus rather than a narrower investment-management specialty. CFP holders are bound by the CFP Board’s own code of ethics and standards of conduct, including a fiduciary duty when providing financial advice, in addition to any obligations imposed by their registered firm.

Because of its rigor and breadth, the CFP designation is commonly recognized in many states as an exam waiver for the Series 65 requirement, offering CFP holders a path to IAR registration without a separate securities exam.

Why it Matters

The CFP designation is one of the strongest E-E-A-T signals a firm can highlight in content and marketing, given its widespread public recognition and the extensive requirements behind it — and it’s practically useful too, given its common recognition as a Series 65 waiver.

Frequently Asked Questions

Does holding a CFP waive the Series 65 requirement?

In many states, yes — but this varies, so it’s worth confirming with the specific state where registration is sought.

How long does it take to become a CFP?

Typically several years, given the combination of required coursework, a comprehensive exam, and a multi-year experience requirement.
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Regulation S-P

What Is Regulation S-P? Regulation S-P requires two main things: a privacy notice given to clients

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