Latest news

What qualifications are needed to be a Financial Planner?

Ask The Professionals – August 2016

Written by Dave Lee
August 10, 2016

In British Columbia, anyone can call themselves a financial planner. There are no competency or ethics requirements or oversight mechanisms for financial planners, other than through voluntary certifications such as the Certified Financial Planner (CFP®) designation which in Canada is bestowed by the Financial Planning Standards Council (FPSC).

To become a CFP® professional, candidates must complete a rigorous education program, pass two national exams and have three years of qualifying work experience. And to remain qualified they need to complete professional education courses every year adhere to the Standards of Professional Responsibility for CFP® professionals.

Want to know more? Contact me for a complete copy of this 24 page guide, and learn about the code of ethics, rules of conduct and practice standards that you probably hoped every financial professional was following.