Financial Planning Competency Handbook, 2nd Edition

About the Book

CFP Board is pleased to develop this important work that outlines the knowledge, actions, and contexts associated with financial planning. This book represents the advancement in the profession by practitioners, educators, and researchers in moving toward a universal body of knowledge for the discipline as a whole. This publication is not meant to replace any existing textbook or provide any specific examination preparation, but rather to further the theoretical knowledge base of our growing discipline.

This book serves the entire financial planning profession, including students, faculty, researchers, and practitioners in financial planning and related professions. The book was designed to treat theory and practice not as binary functions, but as one entity, where content was defined but also applied, both within the learning environment and in practice. Part One outlines the 78 topics required to meet the CFP Board Education requirement. Each topic is defined specifically with regard to financial planning and presented in the form of student-centered Learning Objectives. These objectives indicate what the student should be able to do relative to a given concept. The In Class section illustrates ways to facilitate higher-order cognitive thinking relative to each topic in both the traditional classroom as well as the online learning environment. Professional Practice Capabilities outline what practitioners should be able to do relative to three distinct career ...