Comments on: Financial Advisor Training – Real World Advice from a Successful CFP (R) http://wealthpilgrim.com/financial-advisor-training-real-world-advice-from-a-successful-cfpr/ WealthPilgrim.com -No Money Worries. No Matter What. Mon, 21 May 2012 14:36:39 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: John http://wealthpilgrim.com/financial-advisor-training-real-world-advice-from-a-successful-cfpr/#comment-11095 John Mon, 07 Feb 2011 05:40:23 +0000 http://wealthpilgrim.com/?p=14417#comment-11095 I never trust a CFP before because I don't trust the products they recommend to a customer. 80% fund managers' performance can't beat s&p500 index. There are even less choices in Canada. But, I do believe customers need such service which can help them to avoid hitting the bump. In the last ten years, I believe less CFPs were successful because of the turmoil market. So many times, I noticed that those CFPS sitting in the bank branches can't answer or don't understand what my question is. I never trust a CFP before because I don’t trust the products they recommend to a customer. 80% fund managers’ performance can’t beat s&p500 index. There are even less choices in Canada. But, I do believe customers need such service which can help them to avoid hitting the bump. In the last ten years, I believe less CFPs were successful because of the turmoil market. So many times, I noticed that those CFPS sitting in the bank branches can’t answer or don’t understand what my question is.

]]> By: Financial Samurai http://wealthpilgrim.com/financial-advisor-training-real-world-advice-from-a-successful-cfpr/#comment-5125 Financial Samurai Sun, 23 May 2010 06:30:46 +0000 http://wealthpilgrim.com/?p=14417#comment-5125 Good round up and excellent thoughts on the subject Neal. Seems like it takes a long time to develop the business! Good round up and excellent thoughts on the subject Neal.

Seems like it takes a long time to develop the business!

]]> By: Joe L http://wealthpilgrim.com/financial-advisor-training-real-world-advice-from-a-successful-cfpr/#comment-5103 Joe L Fri, 21 May 2010 15:55:41 +0000 http://wealthpilgrim.com/?p=14417#comment-5103 In response to OdysseusToday There really isn't a CFP program that is "stronger or better" than another. The strength of the program is gauged by the success of the individuals that pass the exam (two days of hell in my opinion) vs. name recognition i.e. an MBA program. The designation is what carries the weight not the program you used to prepare for the exam. YOUR success or failure will hinge on you choosing a program that is right for your way of learning. I used a self-study course because it matched my work schedule at this point. I also used a review course to prepare for the exam. Fortunately, I was successful in the first attempt. However, I know others who used classroom study or online courses to prepare themselves for the exam. I have seen successes and failures with each method. In response to OdysseusToday

There really isn’t a CFP program that is “stronger or better” than another. The strength of the program is gauged by the success of the individuals that pass the exam (two days of hell in my opinion) vs. name recognition i.e. an MBA program. The designation is what carries the weight not the program you used to prepare for the exam.

YOUR success or failure will hinge on you choosing a program that is right for your way of learning. I used a self-study course because it matched my work schedule at this point. I also used a review course to prepare for the exam. Fortunately, I was successful in the first attempt. However, I know others who used classroom study or online courses to prepare themselves for the exam. I have seen successes and failures with each method.

]]> By: John McCarthy http://wealthpilgrim.com/financial-advisor-training-real-world-advice-from-a-successful-cfpr/#comment-5096 John McCarthy Fri, 21 May 2010 12:00:06 +0000 http://wealthpilgrim.com/?p=14417#comment-5096 This is a very interesting article and very on-point for me. I've been considering a jump from the corporate tax field to a fee only financial planning position. I have a Bachelors in Accounting and a CPA license, but I'm unsure how to leverage these to make the move to a CFP. This is a very interesting article and very on-point for me. I’ve been considering a jump from the corporate tax field to a fee only financial planning position. I have a Bachelors in Accounting and a CPA license, but I’m unsure how to leverage these to make the move to a CFP.

]]> By: OdysseusToday http://wealthpilgrim.com/financial-advisor-training-real-world-advice-from-a-successful-cfpr/#comment-4971 OdysseusToday Mon, 17 May 2010 01:44:25 +0000 http://wealthpilgrim.com/?p=14417#comment-4971 Great Post. I found it very educational, but I am still left with a few questions: 1. Is there CFP programs out there that are seen as "stronger" or "better" than others? 2. Is this a viable field for part-time / Weekend work? 3. How did you start courting clients? 4. Is there liability involved in giving financial advice without any sort of certification or degree? (teaching a budget class to high school students for example) 5. Are you in the market for a student(someone to do some grunt work for you in exchange for education/advice?)? I added you to my e-mail blog roll and look forward to following your post. Have a great night! Great Post.

I found it very educational, but I am still left with a few questions:

1. Is there CFP programs out there that are seen as “stronger” or “better” than others?
2. Is this a viable field for part-time / Weekend work?
3. How did you start courting clients?
4. Is there liability involved in giving financial advice without any sort of certification or degree? (teaching a budget class to high school students for example)
5. Are you in the market for a student(someone to do some grunt work for you in exchange for education/advice?)?

I added you to my e-mail blog roll and look forward to following your post.

Have a great night!

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