Ethics and Continuing Education
The final components are the ethics and continuing education requirements. Students and certificants are required to adhere to the CFP Board Code of Ethics and Professional Responsibility and to the Financial Planning Practice Standards. Registered investment advisors have a fiduciary duty to care for investments. The CFP Board has the right to enforce them through its Disciplinary Rules and Procedures.
To maintain certification, license holders are also required to complete thirty (30) hours of continuing education, of which two (2) hours the Board of Standards approved ethical information, on an on-going basis in addition to paying a licensing fee every two years.
Read more about this topic: Certified Financial Planner
Famous quotes containing the words ethics and, ethics, continuing and/or education:
“Ethics and religion differ herein; that the one is the system of human duties commencing from man; the other, from God. Religion includes the personality of God; Ethics does not.”
—Ralph Waldo Emerson (1803–1882)
“Indeed the involuntary character of psychiatric treatment is at odds with the spirit and ethics of medicine itself.”
—Kate Millett (b. 1934)
“It is our continuing love for our children that makes us want them to become all they can be, and their continuing love for us that helps them accept healthy discipline—from us and eventually from themselves.”
—Fred Rogers (20th century)
“Give a girl an education and introduce her properly into the world, and ten to one but she has the means of settling well, without further expense to anybody.”
—Jane Austen (1775–1817)