Certified Financial Planner Board of Standards, Inc. has released the Financial Planning Competency Handbook, published by John Wiley & Sons, Inc. It is available in bookstores and through major online retailers.
"The Financial Planning Competency Handbook is a seminal work for the financial planning profession, and it serves as a comprehensive handbook for CFP professionals who are already practicing, students, those who are candidates for CFP certification, faculty and those interested in the profession," said CFP Board CEO Kevin R. Keller, CAE. "CFP Board is actively working to build upon an academic foundation for financial planning as a profession, with this book adding to the body of knowledge."
The 85-chapter, 735-page book (available in hardcover and e-book formats) was edited by CFP Board's Dr. Charles Chaffin, Director of Academic Programs and Initiatives. Twenty-one volunteers from academia and the profession contributed to the book. Each chapter is dedicated to one of CFP Board's 78 topic areas, bringing together theory and practice through an overview of what a CFP professional should know in theory as well as how it works in the real world.
Book buyers will get a code to access an online test bank with over 400 practice questions based on 78 core competencies covered in the book. In addition, as an added benefit for CFP professionals, the publisher is offering (for an additional cost) a continuing education program worth the full 28 credit hours to those who take and successfully complete an online exam.
The mission of Certified Financial Planner Board of Standards, Inc. is to benefit the public by granting the CFP certification and upholding it as the recognized standard of excellence for personal financial planning. The Board of Directors, in furthering CFP Board's mission, acts on behalf of the public, CFP professionals and other stakeholders. CFP Board owns the certification marks CFP, Certified Financial Planner, CFP (with plaque design) and CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements. CFP Board currently authorizes more than 67,000 individuals to use these marks in the U.S. www.CFP.net and www.LetsMakeaPlan.org.