What is the job outlook for becoming a CFP® designee?
Given the market environment and shift from defined benefit to defined contribution plans, most individuals are looking for help with their finances. A recent study produced by LIMRA (2007) showed that over 60% of retirees are currently working with a financial advisor, and that number is growing. As the level of sophistication increases more and more clients are looking for trustworthy planners who have a reputable understanding of the interactions between the qualitative and quantitative aspect of a holistic portfolio. The CFP® designation is being requested by clients due to the fiduciary standards many clients are looking for.