About CFP

CERTIFIED FINANCIAL PLANNER Certification (CFP) is a mark of excellence granted to individuals who meet the stringent standards of education, examination, experience and ethics. It is the most prestigious and internationally accepted Financial Planning qualification recognized and respected by the global financial community.

CONTACT US

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International Affiliation

FPSB Limited, US enters into licensing and affiliation agreements with nonprofit organizations (or their equivalent) around the world that allow the organizations to establish and operate the CFP certification program in a country or region. FPSB Affiliates who meet and maintain FPSB’s affiliation criteria high standards are authorized to administer the CFP certification program on behalf of FPSB in a country or region. FPSB India is one of the Affiliate of FPSB Limited.

S.No.  FPSB Affiliate Country
1 Financial Planning Association of Australia Ltd. (FPA) Australia
2 Osterreichischer Verband Financial Planners (Austrian Financial Planners (AFP) Austria
3 Instituto Brasileiro de Certificação de Professionals Financeiros (IBCPF) Brazil
4 Financial Planners Standards Council (FPSC) Canada
5 Financial Planning Standards Council of China (FPSCC) China
6 Financial Planning Association of Taiwan (FPAT) Chinese Taipei
7 Asociacion Colombiana de Financial Planners (CAFP) Columbia
8 Association Francaise des Conseils en Gestion de Patrimoine Certifies (CGPC) France
9 Financial Planning Standards Board Deutschland (FPSB Deutschland) Germany
10 Institute of Financial Planners of Hong Kong Ltd. (IFPHK) Hong Kong
11 Financial Planning Standards Board India (FPSB India) India
12 Financial Planning Standards Board Indonesia (FPSB Indonesia) Indonesia
13 Financial Planning Standards Board Ireland (FPSB Ireland) Ireland
14 Union of Financial Planners Israel (UFPI) Israel
15 Japan Association for Financial Planners (JAFP) Japan
16 Financial Planning Association of Malaysia (FPAM) Malaysia
17 Institute of Financial Advisers (IFA) New Zealand
18 Financial Planning Standards Board Korea (FPSB Korea) Republic of Korea
19 Financial Planning Association of Singapore (FPAS) Singapore
20 Financial Planning Institute of South Africa (FPI) South Africa
21 Swiss Financial Planners Organization (SFPO) Switzerland
22 Thai Financial Planners Association (TFPA) Thailand
23 Stichting Register Masters in Financial Planning (RMFP) The Netherlands
24 Finansal Planlama Dernegi (FPD) Turkey
25 Institute of Financial Planning Ltd. (IFP) United Kingdom
26 Certified Financial Planner Board of Standards, Inc. (CFP Board) United States
27 CFP® Professional Society Peru Peru

Eligibility Criteria for CFP Certification Program

Category Valid Fields/Stream
XII Certified (HSC cleared) Valid from individuals hailing from any fields/stream
Graduates & Under Graduate. B.com,BFM,BBI,BIM,BMS,BBA,etc.
Post Graduates CA-inter,CA,MBA,M.com,CS,LLB
Professionals Insurance/ Mutual funs advisors, Stock Brokers, Banking Professionals

Flexible CFP Study Mode

CFP Certification DELIVERABLES Classroom Training Distance Learning Online Lectures
[A] TRAINING
240+ hours of training tick - tick
(240+ hours)
Unlimited Doubt Solving Sessions tick tick tick
Full Time Faculty Support tick tick tick
[B] TRAINING MATERIAL
Book for all three specialist certifications, tick tick tick
Book for capstone course of CFP certification tick tick tick
[C] VIDEO TRAINING
Online pre-recorded Video Training by Experienced CFPCM Professionals tick tick tick
[D] I - LEARN
Chapterwise PPT & summery for all Modules tick tick tick
Practice Questions & Solutions tick tick tick
Real Time CFP Mock Exams with Solutions for all Modules tick tick tick
Complete online support & query solving tick tick tick
Updated Articles about Financial Planning (100+ articles) tick tick tick
[E] Financial Plan Construction
Workshop on Financial Plan Construction tick - tick
[F] PLACEMENTS
Gauranteed Internships tick - tick
100% Placement Assistance tick - tick
Soft Skills Training & Interview Etiquetts tick - tick
Professional Resume Making tick - tick

Most respected certification for financial planner across the globe

The CERTIFIED FINANCIAL PLANNERCM credential is the most desired and respected global certification for those seeking to demonstrate their commitment to competent and ethical financial planning practice. CERTIFIED FINANCIAL PLANNER professionals meet initial and ongoing education, experience and professional development requirements, pass a rigorous exam that assesses competency, and adhere to a code of ethics, pledging to provide financial planning in the interests of clients and with the highest ethical and professional standards.

As of 1 April 2019, the CFPCM certification program in India is now directly administered by U.S.-based Financial Planning Standards Board Ltd. (FPSB Ltd.), owner of the international CERTIFIED FINANCIAL PLANNER certification program outside the United States. FPSB Ltd. partners with its global network of Affiliate organizations to administer CFPCM certification programs in 26 countries and territories around the world, representing a global CFP professional community of nearly 190,000 at the end of 2019 (with over 1,900 CFP professionals in India).

The Value of CFP Certification

CFP certification benefits consumers, practitioners and financial services firms in a variety of ways.

Consumers:

CERTIFIED FINANCIAL PLANNER professionals are trusted financial professionals who work with individuals and families to develop practical, easy-to-understand solutions for every stage of life. FPSB Ltd.’s research with more than 19,000 consumers worldwide showed:

  • Those who work with a CERTIFIED FINANCIAL PLANNER professional feel more strongly confident about their financial situation than those managing their own finances or working with a different type of financial adviser.
  • Consumers who have a written, comprehensive plan are nearly three times more likely to feel strongly confident about achieving their life goals.

Practitioners:

FPSB Ltd. partnered with Cerulli Associates to survey more than 3,500 CFP professionals in six territories around the world about the benefits of pursuing CFP certification. Those practitioners said that after receiving their CFP certification:

  • Among those seeking to advance their careers, 37% earned a promotion, got a new job or started their own practice.
  • 57% reported growing their client base in the 12 months following their certification.
  • 63% saw their income grow in the 12 months following their certification.
  • 72% reported increased satisfaction with their careers.
  • 87% expected to be able to keep clients longer.

Firms:

FPSB Ltd.’s international study conducted with 92 financial services firms in 12 territories showed why the majority of firms plan to grow their number of CERTIFIED FINANCIAL PLANNER professionals:

  • 59% of firms reported that employing CFP professionals led to fewer client complaints.
  • 69% of firms reported that employing CFP professionals lowered corporate risk.
  • 69% of firms reported that CFP professionals have a higher rate of growth of assets under management.
  • 76% of firms found that employing CFP professionals led to increased client retention.
  • 79% of firms plan to grow the number of CFP professionals.
  • 84% of firms said employing CFP professionals had a positive impact on client satisfaction within the firm.

FAQ

Effective 1 April 2019, the CFP certification program in India is directly administered by U.S.-based Financial Planning Standards Board Ltd.(FPSB Ltd.), owner of the international CERTIFIED FINANCIAL PLANNERCM certification program outside the United States. FPSB Ltd. is the sole entity in India with authority to:

  • Authorize education providers to offer CFP education courses;

  • Authorize a CFP certification exam administrator in India; and

  • Award CFP certification to those who successfully complete CFP education, CFP exam and other CFP certification requirements.

The National Institute of Securities Markets (NISM) has accredited FPSB Ltd.’s CERTIFIED FINANCIAL PLANNER certification in India. The accreditation is valid until 4 September 2020, after which the accreditation is eligible to be renewed for two more years, subject to program monitoring and approval by NISM. With the accreditation, CERTIFIED FINANCIAL PLANNER professionals in India offering investment advice are eligible to register as Investment Advisors under Securities and Exchange Board of India regulations. To find our listing on the NISM website, click here.

You can access your account via the Online Certification Management System (OCMS) portal to update the system with recently completed continuing professional development (CPD) points. FPSB Ltd. is also working with several CPD/conference providers in India to streamline the CPD reporting process and will provide an update later in the year. For more information on the activities and programs admissible for CPD points, click here.

FPSB Ltd. is pleased to present the Journal of Financial Planning in India! In this edition, CFP professionals will find a collection of insightful articles authored by industry experts and academics within FPSB Ltd.’s global network. We understand that continuing professional development (CPD) is of great importance to you as you seek to enhance your skills and retain your CFP certification. So, we’ve built in a CPD quiz that provides four CPD points for CFP certification renewal.

We hope this journal and future editions will become a staple in furthering your professional development and connecting you to the global financial planning profession.

Yes. When a CFP professional wants to practice financial planning using the CFP marks in more than one territory, the CFP professional must become certified to use the CFP marks in each territory where the CFP professional intends to practice. If a practitioner becomes certified in more than one territory, he or she must abide by the certification renewal requirements of the FPSB affiliate organization in each territory, and will also be subject to oversight by the FPSB affiliate organization in each territory.

For more information on requirements in a specific territory, please refer to that territory’s specific website. For a list of FPSB affiliate organizations, please see https://www.fpsb.org/about/member-organizations/.

Step 1. A candidate can apply for the initial CFP certification only after successfully clearing Exam 5 and having required work experience (refer the experience criteria here – https://india.fpsb.org/experience/).

Step 2. Having met the criteria in Step 1, duly fill the CFP certification application form – https://india.fpsb.org/new-cfp-form/ and upload the required documents as mentioned in the application form.

Step 3. FPSB Ltd will verify the uploaded documents. (This may take 10-15 working days).

Step 4. Once the documents are in order, a payment link will be sent to the candidate on their registered email id for payment of fees of $100.

Step 5. Once the candidate makes the payment and it is verified by FPSB Ltd., the candidate will receive a digital copy of the CFP certificate on their registered email id.

Refer the CFP mark usage policy – https://india.fpsb.org/cfp-marks-use/

FPSB Ltd. will continue to administer the CERTIFIED FINANCIAL PLANNER certification. The education and exam topics for CFP certification have been reconfigured from the former program’s five-exam structure into a new four-exam structure. FPSB Ltd. will provide learning materials, including sample questions, Powerpoints and textbooks to support the study process. The four education and exam topics are outlined below according to how they will be grouped on the exam.

Personal financial management; investment planning and asset management; regulatory environment, law and compliance. (Educational materials available now, enroll at https://india.fpsb.org/students/.)

Retirement and tax planning and optimization. (Educational materials available August 2020.)

Risk and estate planning. (Educational materials available September 2020.)

Integrated financial planning: This education and exam integrates all three above-mentioned education areas to provide comprehensive financial planning. Successfully passing the exams of all three above topics is a prerequisite to enroll in the final education topic of integrated financial planning. (Educational materials available October 2020)

FPSB Ltd. no longer offers AFP certification in India. Instead, FPSB Ltd. offers the opportunity for voluntary certifications on the learning path to CFP certification, aligned with the education topics. Information on each certification is below.

  • FPSB® Investment Planning Specialist certification

  • FPSB® Retirement and Tax Planning Specialist certification

  • FPSB® Risk and Estate Planning Specialist certification

  • CERTIFIED FINANCIAL PLANNERCM certification

Students can enroll at https://india.fpsb.org/students/

For more information please view the following enrollment videos:

  • Instructor Led Student

  • Recognition of Prior Learning

The last day to enroll for the former program was 31 May 2020. Coursework and all exams for the former program must be completed no later than 31 March 2021. Experience must be completed within five years of successfully passing your first exam.

Registration for the Legacy Program is now closed. The last day to enroll for the former program was 31 May 2020. Coursework and all exams for the former program must be completed no later than 31 March 2021. Experience must be completed within five years of successfully passing your first exam.

Step 1. Login to NCFM using your NCFM username and password on the below mentioned website: https://www.ncfm-india.com/ORE/OREloginPage.jsp

Upload photograph on the NCFM registration form, if not already done. Come to step 2 if already done.

Step 2 Check seat availability for the CFP Exams at your preferred #NSE IT Test Centre by clicking ‘Check Seat Availability’ tab.

Subsequently, follow either Step 3A OR Step 3B as below:

Step 3A. If the preferred centre and date is available, schedule your examination online by clicking the ‘Pay Fees’ tab; select the mode of payment (Debit Card/Credit Card), select your preference for the name of the Exam, date, time, venue from the drop down list, and submit the payment directly to NSE on the online platform. Hall Ticket is generated after the payment has been done.

Note: Under the Tab ‘Query/Report (Certificate/Hall Ticket/Invoices)’ students have access to view their Hall Ticket, Previous Test Scores, Current A/C Balance and Payment Invoice.

Step 3B. In case the student has sufficient money parked in his/her NCFM account he/she may directly go to the option ‘Book your seat’ and schedule the examination.

Note: Students of regular pathway can schedule Exam 1 – 4 in any sequence; the student can schedule Exam 5 only after successfully passing all the four exams. Students of Challenge status pathway will skip Exams 1 – 4 and directly book Exam 5.

After enrolling for the exam, the student will receive email and SMS alert from NSE on his/her registered email ID and mobile number confirming his/her Examination details.

It is compulsory to carry the photo ID to the examination centre.

FPSB Ltd. does not offer AFP certification any longer.

In 2019, FPSB Ltd. began issuing new digital credentials to all current CFPCM professionals in India. Consisting of a digital certificate and a digital badge, FSPB Ltd.’s online credentialing system will replace the paper certificates issued to you in the past. However, should you wish to print and frame your certificate from FSPB Ltd., you will have an option to do so.

Your digital credential for CFP certification, which is blockchain-verified to help prevent fraud, will allow people to securely and easily verify your CFP certification status across all types of online platforms, including your email signature, website, blog, LinkedIn profile and other social media accounts. FPSB Ltd. is pleased to offer this technology to CFP professionals in India, and will provide additional information on how to leverage these digital credentials to highlight your achievements as a CFP professional at the time of delivery.

Always Accessible – Never worry about losing your certificate; your credential will always be present at its web address.

Easily Shareable – You want to share your achievement. Digital credentials let you showcase your achievement on Facebook, Twitter and LinkedIn.

Control Your Privacy – Take advantage of searchability and have your achievement be discoverable on search engines, or set it to private and share with only selected people. How and when you share your credential is up to you.

Print at Any Time – Easily print a high-quality PDF of your certificate, whenever you’d like.

Learning, Verified. – Your achievement can be verified at any time. Your certification(s) on LinkedIn can be linked to your live credential so anyone, anywhere can see what you have achieved.

YES, FPSB provied E-book,PPT & Mock test for all 4 module.

Can work with any of the BFSI Sector any Mutual fund, Insurance companies, stock broking firms or any of the Banks. One can also open up their freelancer after completing CFP.

Andheri -NSE  in Fixed Center for CFP exams in Mumbai.

  • Relationship Manager

  • Financial Planning Manager

  • Data Source Specialist

  • Portfolio Manager

  • Wealth Manager

  • Equity Advisor

  • Client Acquisition Manager

  • Derivative Strategist

  • Plan Source Executive

  • Enhanced career and employment opportunities in Financial Services Sector.

  • Personal satisfaction in knowing you have earned the profession’s highest standard and met the global benchmark.

  • Satisfied clients who appreciate the comprehensive approach to Financial Planning and extend long term relationship and referrals.

  • Your expertise and credibility as a qualified professional is instantly communicated.

  • More revenue streams by increasing your product and service offering to your clients.

  • Enhanced Social Status by joining the league of professionals.

  • Recognition in over 27 countries across the world.

  • Opportunities to show case your knowledge on Financial Planning & Advising through various media vehicles.

Yes, you must complete each pathway specialist course, then complete the capstone course and certification exam and other requirements.

CFP certification under the old legacy program and under the new program is the same.

You may have requirements to complete in order to competently practice in another territory. Those requirements will vary based on the territory.

Please watch for upcoming opportunity to help increase awareness using social media content that will accompany World Financial Planning Day 2020

If you are already a CFP professional, you will remain a CFP professional so long as you continue to meet requirements and renew your certification.

once you're certified, you have 1 year renewal period.

5 hours annually for pathway certifications, 15 hours/credits annually once you are a CFP professional.